table_specific

What is the minimum gross sales required for a Pearce Bespoke franchise in Year 4 and beyond?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

Period Following Original Minimum Gross Sales
Opening Date
Year 1 $50,000
Year 2 $75,000
Year 3 $100,000
Year 4+ 10% increase over previous year minimum

Source: Item 12 — TERRITORY (FDD pages 27–29)

What This Means (2025 FDD)

According to Pearce Bespoke's 2025 Franchise Disclosure Document, franchisees must meet minimum gross sales to retain their Franchised Territory. The minimum gross sales requirement for a Pearce Bespoke franchise increases over the first three years of operation.

For Year 1, the minimum gross sales are $50,000. This increases to $75,000 in Year 2, and then to $100,000 in Year 3. In Year 4 and beyond, the minimum gross sales required is a 10% increase over the previous year's minimum. Therefore, in Year 4, a franchisee must achieve minimum gross sales of $110,000 ($100,000 + 10%).

This escalating minimum sales requirement means that Pearce Bespoke franchisees must continually grow their business to maintain their territory. Failure to meet these minimums could put the franchise at risk of losing its territory. Prospective franchisees should carefully consider their ability to meet these increasing sales targets before investing in a Pearce Bespoke franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.