What is the maximum amount the Franchisee may have to reimburse Pearce Bespoke for training at the Franchisee's location?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
training program. See Item 7 for additional information on those expenses. If Franchisee requests, Franchisor may at its sole discretion provide training at Franchisee's location, and Franchisee will be responsible for reimbursing Franchisor for the transportation costs, lodging costs, and other c
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, if a franchisee requests that Pearce Bespoke provide training at the franchisee's location, the franchisee is responsible for reimbursing Pearce Bespoke for the associated costs. These costs include transportation, lodging, and other expenses reasonably related to the training. The maximum reimbursement amount the franchisee may have to pay Pearce Bespoke is $5,000.
This means that a prospective Pearce Bespoke franchisee needs to be prepared to cover these potential training-related costs if they request on-site training. It is important to note that Pearce Bespoke has sole discretion over whether to provide training at the franchisee's location.
Franchisees should inquire about the typical costs associated with on-site training to better prepare their budget. They should also clarify what specific expenses are covered under the 'other costs reasonably related to training' category to avoid unexpected charges. Understanding these financial responsibilities is crucial for managing the overall investment in a Pearce Bespoke franchise.