Does the Maryland amendment introduce any new fees related to the Pearce Bespoke franchise?

Based on the 2025 Pearce Bespoke Franchise Disclosure Document, the Maryland amendment primarily addresses legal considerations and does not explicitly introduce new fees. Instead, it focuses on ensuring that certain provisions within the franchise documents align with Maryland Franchise Law.

Specifically, the amendment clarifies that franchisees cannot be compelled to waive rights or release liabilities under Maryland Franchise Law as a condition of purchasing, renewing, assigning, or transferring a Pearce Bespoke franchise. It also sets a three-year statute of limitations for claims arising under Maryland Franchise Law and confirms the franchisee's right to file lawsuits in Maryland courts regarding such claims.

Furthermore, the amendment stipulates that Pearce Bespoke will defer collection of the initial franchise fee until it has fulfilled its pre-opening obligations, and the franchisee is ready to open for business. This deferral is a notable benefit for franchisees as it reduces their upfront financial burden and aligns the fee payment with the commencement of operations. While the amendment doesn't introduce new fees, it modifies the payment schedule for the initial franchise fee, which could impact a franchisee's initial investment planning.