What is the minimum gross sales required for a Pearce Bespoke franchise in Year 4?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
execution of the Franchise Agreement, the Minimum Performance Standard
2025 FDD 27
| Period Following Original | Minimum Gross Sales |
|---|---|
| Opening Date | |
| Year 1 | $50,000 |
| Year 2 | $75,000 |
| Year |
Source: Item 12 — TERRITORY (FDD pages 27–29)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, a franchisee must meet certain minimum gross sales to retain their franchised territory. The minimum gross sales required for a Pearce Bespoke franchise increases each year. In Year 1, the minimum gross sales is $50,000, increasing to $75,000 in Year 2, and $100,000 in Year 3.
For Year 4 and beyond, the minimum gross sales is calculated as a 10% increase over the previous year's minimum. Therefore, in Year 4, a Pearce Bespoke franchisee must achieve a minimum gross sales of $110,000, which is 10% more than the $100,000 required in Year 3.
It is important for prospective Pearce Bespoke franchisees to understand these minimum performance standards, as failure to meet them could jeopardize their right to retain the franchised territory. Franchisees should carefully consider their ability to achieve these sales targets based on their local market conditions and business acumen. These requirements are designed to ensure the sustained viability of each franchise location.