What is the Technology Fee for a Pearce Bespoke franchise currently?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Technology Fee | The fee is currently $25 | Due at the same time as | See Note 8 |
| per | Royalty Fees | ||
| week, | |||
| but | |||
| is | |||
| subject to | |||
| increases not to exceed | We reserve the right to change the | ||
| 10% annually. | Technology Fee upon 60 days' | ||
| notice to you. | |||
| On a weekly basis, we will calculate | |||
| the Gross Sales, Net Sales, and | |||
| Credit Card Sales (defined below) | |||
| generated from the operation of your | |||
| Franchise |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, the Technology Fee is currently $25 per week. This fee is due at the same time as Royalty Fees. However, Pearce Bespoke reserves the right to change the Technology Fee upon 60 days' notice to the franchisee, with increases not to exceed 10% annually.
The Technology Fee covers various technology services that Pearce Bespoke will provide or arrange for third parties to provide. These services are subject to change over time. The FDD specifies that the Technology Fee is initially a pass-through cost for these services from the date the business opens.
The Technology Fee will be collected in the same manner as the Royalty Fee and Brand Fund Fee. Pearce Bespoke also reserves the right to implement a non-pass-through Technology Fee for technology and website development services. In addition to the weekly Technology Fee, franchisees are responsible for any "per transaction" fees charged by third-party vendors for mobile application or online bookings. On a weekly basis, Pearce Bespoke will calculate the Gross Sales, Net Sales, and Credit Card Sales generated from the operation of the franchise and pay the franchisee by EFT, ACH, direct deposit, or by similar means, the Net Sales generated from the operation of the franchise during the previous calendar week minus the amount owed for the Technology Fee.