factual

Does Pearce Bespoke reserve the right to charge franchisees for various non-recurring services?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

The Company also reserves the right to charge franchisees for various non-recurring services. Non-recurring services are recognized when the service is charged.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)

What This Means (2025 FDD)

According to Pearce Bespoke's 2025 Franchise Disclosure Document, the company retains the right to charge franchisees for non-recurring services. These charges are recognized as revenue by Pearce Bespoke when the service is provided to the franchisee.

This means that beyond the standard fees like initial franchise fees, royalties, and marketing contributions, Pearce Bespoke franchisees may encounter additional, unpredictable expenses. These non-recurring charges could arise for a variety of reasons, and the FDD does not specify the exact nature of these services.

As a prospective franchisee, it is important to understand what these non-recurring services might entail and how frequently they are likely to occur. Requesting clarification from Pearce Bespoke on the types of services that fall into this category and examples of past instances where such fees were charged to existing franchisees would be a prudent step in evaluating the potential financial obligations of the franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.