What do the professional fees for a Pearce Bespoke franchise estimate?
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 |
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 estimated cost for professional fees ranges from $0 to $5,000. These fees cover the costs of professional advisors such as attorneys and accountants. These advisors provide initial review and advice that is consistent with starting a franchised business.
The FDD notes that these fees are typically paid before opening the business to third-party suppliers. This suggests that franchisees will need to budget for these expenses early in the process as they seek guidance on legal and financial matters related to setting up their Pearce Bespoke franchise.
It's important to note that the range is wide, from $0 to $5,000. The low end of $0 may apply if the franchisee has existing relationships with professional advisors or chooses to handle some of the initial setup tasks themselves. The high end of $5,000 would likely cover more extensive legal and accounting support, especially if the franchisee is unfamiliar with the franchising process or business operations.