factual

What is the low estimate for the initial franchise fee for a Pearce Bespoke franchise?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

respective contracts. All amounts are in USD.

    1. Initial Franchise Fee. The initial Franchisee Fee for a Pearce Bespoke Franchise is $55,900, for a Franchised Territory with a population of between 50,000 to 200,000 people or $29,000 for a Franchised Territory with a population of no more than 50,000 people. The initial Franchise Fee i

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)

What This Means (2025 FDD)

According to Pearce Bespoke's 2025 Franchise Disclosure Document, the initial franchise fee varies depending on the population of the franchised territory. The initial franchise fee is $55,900 for a territory with a population between 50,000 and 200,000 people. For a territory with a population of no more than 50,000 people, the initial franchise fee is $29,000.

This fee is paid as a lump sum when you sign the Franchise Agreement with Pearce Bespoke. It is important to note that this fee is non-refundable and is considered earned by Pearce Bespoke upon receipt. This means that regardless of whether the franchise opens or succeeds, the franchisee will not get this money back.

For prospective franchisees, understanding the population of their desired territory is crucial as it directly impacts the initial franchise fee. Franchisees should also factor in this non-refundable fee when assessing their overall financial risk and investment strategy. This is a fairly standard practice in franchising, as the initial fee compensates the franchisor for granting the franchise rights and providing initial support.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.