How many Pearce Bespoke clothiers are in the top 10%?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Start Date | Name | Gross | Alterations | Travel | Shipping | Cost of | Credit Card | Marketing | Royalties |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | Sales | Fees | (Brand Fund) | ||||||
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |||||
| Franchised Outlets | 2022 2023 # | 0 1 | 1 37 | +1 +36 | |||||
| Group | Clothiers | Avg. Gross Revenue | Range | ||||||
| Top 10 % | 3 | $112,174 | $81 ,075 – $157 ,045 | ||||||
| Quartile 1 | 6 | $69,051 | $24 ,452 – $157 ,045 | ||||||
| Quartile 2 | 6 | $19,831 | $17 ,600 – $21 ,830 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 35–36)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the financial performance representation includes data from 26 clothiers who operated from January through December 2024. The document states that any clothiers who did not operate for the full twelve months were excluded from the data.
Of these 26 Pearce Bespoke clothiers, the top 10% consists of 3 locations. These top performers achieved an average gross revenue of $112,174, with individual revenues ranging from $81,075 to $157,045.
It is important to note that Pearce Bespoke states in the FDD that individual results may vary, and there is no assurance that a new franchisee will earn as much as the top performers. The FDD also clarifies that written substantiation for the financial performance representation will be made available to the prospective franchisee upon request.