Does the Maryland amendment impose any financial thresholds or requirements on the Pearce Bespoke franchisee?

According to the 2025 Pearce Bespoke Franchise Disclosure Document, the Maryland amendment addresses certain legal rights and obligations but does not explicitly impose specific financial thresholds or requirements on franchisees. The amendment primarily focuses on ensuring that franchisees do not waive their rights under Maryland Franchise Law and clarifies the application of bankruptcy law. It also ensures the franchisee's right to file lawsuits under Maryland Franchise Law in a Maryland court. These stipulations aim to protect the franchisee's legal standing within the state.

However, the Maryland amendment does address the initial franchise fee. It states that Pearce Bespoke will defer collection of the initial franchise fee until Pearce Bespoke has fulfilled its initial pre-opening obligations and the franchisee may open for business.

While the amendment ensures certain legal protections and defers the initial franchise fee collection, it does not introduce new financial benchmarks or mandates for Pearce Bespoke franchisees beyond those already present in the standard franchise agreement. Therefore, prospective franchisees in Maryland should focus on understanding the standard financial obligations outlined in the FDD and franchise agreement, while recognizing the additional legal safeguards provided by the Maryland amendment.