What was the range of gross revenue for the top 10% of Pearce Bespoke clothiers?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Start Date | Name | Gross | Alterations | Travel | Shipping | Cost of | Credit Card | Marketing | Royalties |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | Sales | Fees | (Brand Fund) | ||||||
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |||||
| Franchised Outlets | 2022 2023 # | 0 1 | 1 37 | +1 +36 | |||||
| Group | Clothiers | Avg. Gross Revenue | Range | ||||||
| Top 10 % | 3 | $112,174 | $81 ,075 – $157 ,045 | ||||||
| Quartile 1 | 6 | $69,051 | $24 ,452 – $157 ,045 | ||||||
| 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 top 10% of clothiers, which consisted of 3 outlets, had an average gross revenue of $112,174. The range of gross revenue for this group was between $81,075 and $157,045. This data is based on the performance of 26 clothiers who operated from January through December 2024, excluding those who did not operate for the full twelve months.
This financial performance representation is based on affiliate-owned and franchised outlets that Pearce Bespoke considers similar to the franchise being offered. The document states that there are no material financial or operational characteristics of the represented outlets that are reasonably anticipated to differ materially from future franchise outlet operations. However, the FDD also includes a disclaimer that individual results may vary and there is no assurance that a franchisee will earn as much as the amounts represented.
Prospective franchisees should carefully consider this financial information, keeping in mind that past performance is not necessarily indicative of future results. It is important to review the written substantiation for this financial performance representation, which Pearce Bespoke will make available upon request. Additionally, potential franchisees should conduct their own independent research and due diligence, including speaking with existing franchisees, to assess the potential financial performance of a Pearce Bespoke franchise.