What pre-opening services does Pearce Bespoke provide to franchisees?

According to Pearce Bespoke's 2025 Franchise Disclosure Document, the pre-opening services include training and general assistance. Pearce Bespoke has adopted the franchisor practical expedient Accounting Standards Update (ASU) 2021-02, Franchisors – Revenue from Contracts with Customers (Subtopic 952-606), which allows the Company to treat pre-opening services as distinct from one another.

Training is provided to the franchisee at no additional cost unless additional training is required. If additional training is required, fees are recognized when the service is provided. Pre-opening assistance is provided to the franchisee as needed, and recognized when the service is charged.

This means that Pearce Bespoke franchisees can expect to receive initial training and general support as part of their franchise agreement. However, franchisees should be aware that any additional training beyond the initial offering will incur extra fees. The cost of pre-opening assistance will also be charged as it is provided, so franchisees should budget accordingly and clarify what specific assistance is covered under the initial franchise fee versus what will be billed separately.