Is there a transfer fee for transfers of a Pearce Bespoke franchise to immediate family members?

According to the 2025 Pearce Bespoke Franchise Disclosure Document, there is no transfer fee for transfers to immediate family members. Specifically, the FDD states that no transfer fee is payable when transferring a Pearce Bespoke franchise to immediate family members, defined as a spouse or children.

However, it is important to note that while the transfer fee is waived for immediate family members, other conditions for the transfer may still apply. These conditions could include the transferee-franchisee meeting Pearce Bespoke's managerial, financial, and business standards, as well as successfully completing the training program.

This waiver of the transfer fee for immediate family members can be a significant benefit for Pearce Bespoke franchisees who wish to pass their business on to their spouse or children, as it reduces the financial burden associated with transferring the franchise. It's important to carefully review all conditions and requirements for the transfer to ensure compliance with Pearce Bespoke's policies.