Which sections of the Pearce Bespoke Franchise Agreement and Area Development Agreement outline the franchisee's opening obligations?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
7. FRANCHISOR'S OBLIGATIONS
A. Pre-Opening:
Upon execution of the Franchise Agreement and for so long as Franchisee holds a Pearce Bespoke Franchise, subject to the terms of this Agreement, but prior to Franchisee's commencement of operations of the Pearce Bespoke Franchise, Franchisor shall:
- a. Train Franchisee and its manager(s) as described in this Agreement;
- b. Make electronically accessible all the specifications, approved Suppliers lists, approved supplies lists, extranet access and Manuals.
B. Opening Assistance.
Franchisor will assist in scheduling the opening of the Pearce Bespoke Franchise. Franchisee will not open or commence business operations until Franchisee has received written approval from Franchisor. Franchisor's approval may be withheld if Franchisee fails to meet minimum inventory requirements, training and/or marketing requirements or brand standards established by Franchisor. Franchisor will, at no charge, provide pre-opening assistance prior to Franchisee's Pearce Bespoke Franchise opening. Franchisor will also provide assistance with the Pearce Bespoke Franchise opening around the time of grand opening.
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 20–21)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, Item 22, which discusses contracts, outlines some of the franchisor's obligations before opening. Specifically, Section 7(A) details the franchisor's pre-opening obligations, including training the franchisee and their managers. Additionally, the franchisor will make electronically accessible all specifications, approved supplier lists, approved supply lists, extranet access, and manuals.
Section 7(B) of Item 22 outlines the franchisor's opening assistance. Pearce Bespoke will assist in scheduling the opening of the franchise. However, the franchisee cannot open or begin business operations until they have received written approval from Pearce Bespoke. This approval may be withheld if the franchisee does not meet the minimum inventory, training, marketing, or brand standard requirements established by Pearce Bespoke. Pearce Bespoke will provide pre-opening assistance at no charge and will also provide assistance around the time of the grand opening.
Item 11 also references Section 7 of the Franchise Agreement regarding pre-opening assistance. Before a Pearce Bespoke franchise opens, the franchisor will provide assistance in evaluating the franchise and any vehicle leasing issues, provide a list of standard equipment, supplies, signs, and initial custom inventory, provide the mandatory training program, provide electronic copies of the manuals, and assist in developing a business plan template. These obligations are specified in Sections 7(A), 7(I), 7(D), 7(F), and 7(G) of the Franchise Agreement, respectively.