How much notice will Pearce Bespoke provide before implementing a POS Maintenance Fee?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor reserves the right to charge a POS Maintenance Fee. Franchisor will provide a minimum of thirty (30) days' written notice prior to implementation of such fee.
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, Pearce Bespoke reserves the right to charge a POS Maintenance Fee. If Pearce Bespoke decides to implement this fee, they will provide franchisees with a minimum of thirty (30) days' written notice before the fee takes effect.
This advance notice allows franchisees time to prepare for the additional expense. It also gives franchisees an opportunity to inquire about the fee's justification and how it will benefit the overall system. Franchisees should use this time to assess the potential impact on their business's profitability and cash flow.
It is important for prospective franchisees to factor in the potential for this POS Maintenance Fee when evaluating the overall cost of owning a Pearce Bespoke franchise. They should also inquire about the circumstances under which this fee might be implemented and how the funds collected will be used to improve the POS system.