When is the payment for the opening inventory & equipment package due to Pearce Bespoke?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
ment for a Single Franchised Territory Franchise
| TYPE OF | AMOUNT | METHOD | TO WHOM | ||
|---|---|---|---|---|---|
| EXPENDITURES1 | LOW | HIGH | OF | WHEN DUE | PAYMENT IS |
| ESTIMATE | ESTIMATE | PAYMENT | TO BE MADE | ||
| Initial Franchise Fee2 | $29,000 | $55,900 | Lump sum | When you sign the Franchise Agreement | Pearce Bespoke |
| Travel and Living Expenses For Training3 | $199 | $2,500 | As arranged | As incurred | Lodging, Transportation, and Meals |
| On-Site Training4 | $0 | $5,000 | As arranged | As incurred | Lodging, Transportation, and Meals |
| Rent (3 months)5 | $0 | $1,500 | As arranged | According to lease | Lessor/Landlord |
| Opening Inventory & | $8,000 | $8,000 | Lump Sum | Before opening | Pearce Bespoke |
| Equipment Package6 | |||||
| Clothier Recruiting | $0 | $6,000 | Lump Sum | Before opening | Third-party |
| Services7 | suppliers | ||||
| Clothier Inventory | $0 | $5,400 | Lump Sum | Before opening | Pearce Bespoke |
| Package8 | |||||
| Uniforms9 | $500 | $3,750 | As arranged | As incurred | Pearce Bespoke |
| TYPE OF | AMOUNT | METHOD | TO WHOM | ||
| EXPENDITURES1 | LOW | HIGH | OF | WHEN DUE | PAYMENT IS |
| ESTIMATE | ESTIMATE | PAYMENT | TO BE MADE | ||
| Advertising & Marketing | $1,000 | $5,000 | As arranged | As incurred | Third-party |
| Introduction Program10 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the payment for the opening inventory and equipment package, which ranges from $8,000 to $8,000, is due to Pearce Bespoke before opening. The FDD specifies that this payment is to be made as a lump sum.
The opening inventory and equipment package is used during the initial start-up phase of the franchise. It includes items such as a signature clothing trunk, transportation luggage, a selection of men's and women's custom suits and clothing, and various accessories to promote and market the Pearce Bespoke franchise.
Prospective franchisees should factor this $8,000 payment into their initial investment costs and ensure they have the funds available before their franchise is scheduled to open. Understanding the specific contents of the opening inventory package is also crucial, as it forms the foundation for the initial marketing and sales efforts of the franchise.