What was the range of gross revenue for Pearce Bespoke clothiers in Quartile 2?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Group | Clothiers | Avg. Gross Revenue | Range |
|---|---|---|---|
| Quartile 2 | 6 | $19,831 | $17 ,600 – $21 ,830 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 35–36)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the gross revenue for clothiers in Quartile 2 ranged from $17,600 to $21,830. This data is based on the performance of 26 clothiers who operated for the full twelve months of 2024. The Item 19 table presents financial performance representations based on these affiliate-owned and franchised outlets. Pearce Bespoke states that these outlets are similar to the franchise being offered in terms of operations and product offerings.
For a prospective franchisee, this information provides insight into the potential revenue based on the performance of existing locations. However, Pearce Bespoke includes a disclaimer that individual results may vary, and there is no assurance that a new franchisee will earn as much. It is important to note that the quartile data divides the existing clothiers into four groups, with Quartile 2 representing the second-highest performing group.
It is typical for franchisors to provide financial performance representations in their FDDs, but the specific format and details can vary. Pearce Bespoke has chosen to present data based on quartiles, which gives potential franchisees an understanding of the range of performance across different segments of their existing locations. Prospective franchisees should carefully review the assumptions and limitations outlined by Pearce Bespoke regarding this data.
Given that Pearce Bespoke excluded clothiers who did not operate for the full twelve months, this data may not reflect the initial ramp-up period for a new location. Therefore, prospective franchisees should consider this when evaluating the potential financial performance of a Pearce Bespoke franchise.