What specific time period does the Pearce Bespoke financial performance data cover?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
There are twenty-six (26) clothiers who operated from January through December 2024. We have excluded any clothiers who did not operate for the full twelve (12) months.
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 financial performance data is based on the operations of 26 clothiers who operated from January through December 2024. The FDD specifies that any clothiers who did not operate for the full twelve months were excluded from the data. This provides prospective franchisees with a snapshot of annual performance based on a defined group of existing Pearce Bespoke locations.
The financial performance representation includes data from both affiliate-owned and franchised outlets, which Pearce Bespoke states are similar to the franchise being offered in terms of operations and product offerings. Pearce Bespoke asserts 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. This suggests that the data is intended to be representative of what a new franchisee might expect.
It is important to note the disclaimer that "Some outlets have earned this amount. Your individual results may differ. There is no assurance that you'll earn as much." This standard disclaimer highlights the inherent risk and variability in franchise performance. While the data provides a benchmark, a franchisee's success will depend on various factors, including location, management skills, and local market conditions. Prospective franchisees should carefully consider these factors and conduct their own due diligence before investing in a Pearce Bespoke franchise.