What were the member contributions for Pearce Bespoke in 2022?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
abilities and Members' Equity (Deficiency) | $ | 929,411 | $ | 71,811 |
PEARCE BESPOKE FRANCHISING, LLC STATEMENTS OF OPERATIONS AND MEMBERS' EQUITY (DEFICIENCY)
| Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | ||
| Revenues: Initial franchise fees Equipment fees | $ 164,210 168,000 | $ | - - |
| Franchise revenues | 153,238 | 36,593 | |
| Royalties | 47,008 | 6,031 | |
| Rebates | 40,079 | 426 | |
| Total Revenues | 572,535 | 43,050 | |
| Operating Expenses | 1,052,399 | 89,414 | |
| Net Income (Loss) | (4 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the member contributions for 2022 were $54,245. This figure reflects the capital or equity that members (owners or stakeholders) invested into Pearce Bespoke during that year.
For a prospective franchisee, understanding member contributions can provide insight into the financial health and stability of Pearce Bespoke. A higher level of member contributions might indicate strong confidence from within the company, while lower contributions could suggest a greater reliance on external funding or revenues.
It's also important to note that in 2023, the member contributions were listed as zero. Reviewing these trends over several years can give potential franchisees a clearer picture of how Pearce Bespoke is funded and managed financially. This information, combined with other financial metrics, can help in assessing the overall risk and potential reward of investing in a Pearce Bespoke franchise.