What is the technology fee for 3 months for a Pearce Bespoke franchise?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF | AMOUNT | METHOD | TO WHOM | ||
|---|---|---|---|---|---|
| EXPENDITURES1 | LOW | HIGH | OF | WHEN DUE | PAYMENT IS |
| ESTIMATE | ESTIMATE | PAYMENT | TO BE MADE | ||
| Initial Franchise Fee2 | $29,000 | $55,900 | Lump sum | When you sign the Franchise Agreement | Pearce Bespoke |
| Travel and Living Expenses For Training3 | $199 | $2,500 | As arranged | As incurred | Lodging, Transportation, and Meals |
| On-Site Training4 | $0 | $5,000 | As arranged | As incurred | Lodging, Transportation, and Meals |
| Rent (3 months)5 | $0 | $1,500 | As arranged | According to lease | Lessor/Landlord |
| Opening Inventory & | $8,000 | $8,000 | Lump Sum | Before opening | Pearce Bespoke |
| Equipment Package6 | |||||
| Clothier Recruiting | $0 | $6,000 | Lump Sum | Before opening | Third-party |
| Services7 | suppliers | ||||
| Clothier Inventory | $0 | $5,400 | Lump Sum | Before opening | Pearce Bespoke |
| Package8 | |||||
| Uniforms9 | $500 | $3,750 | As arranged | As incurred | Pearce Bespoke |
| TYPE OF | AMOUNT | METHOD | TO WHOM | ||
| EXPENDITURES1 | LOW | HIGH | OF | WHEN DUE | PAYMENT IS |
| ESTIMATE | ESTIMATE | PAYMENT | TO BE MADE | ||
| Advertising & Marketing | $1,000 | $5,000 | As arranged | As incurred | Third-party |
| Introduction Program10 | suppliers | ||||
| Technology Fee (3 | $300 | $300 | As arranged | As incurred | Pearce Bespoke |
| months)11 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the estimated technology fee for the initial 3 months of operation is $300. This fee is paid to Pearce Bespoke as incurred. The technology fee is in addition to the POS (Point of Sale) system subscription fee, which is an additional $1,155 for 3 months.
Pearce Bespoke franchisees are required to use a specific POS system and software, along with designated computer hardware. This ensures consistency across the franchise system and allows Pearce Bespoke to maintain quality control over operations. Franchisees must also have an iPad, phone, and printer to operate their franchise.
Prospective franchisees should factor these technology costs into their initial investment calculations. It is important to note that these fees are in addition to other technology-related expenses, such as the cost of purchasing or licensing the POS system and software, as well as the cost of the required iPad, phone, and printer. The FDD indicates that the cost of the computer system can range from $0 to $2,500, depending on whether the franchisee already owns the necessary devices.