What is the total amount of non-refundable franchise fees for Pearce Bespoke 'Thereafter'?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
e Fees*
Estimated revenues to be recognized in future periods related to deferred franchise fees as reported at December 31, 2024, is as follows:
| Deferred Commissions | Non-refundable Franchise Fees | ||
|---|---|---|---|
| Year ending December 31: | |||
| 2025 | $ | 79,960 | $ 139,500 |
| 2026 | 79,960 | 90,000 | |
| 2027 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the total amount of non-refundable franchise fees listed under 'Thereafter' is $314,298. This figure represents the cumulative non-refundable franchise fees expected to be recognized as revenue in years beyond 2029.
This information is crucial for prospective franchisees as it provides insight into the financial obligations of the franchise over time. The 'Thereafter' category suggests that these fees will continue to be collected beyond the explicitly listed years (2025-2029), indicating a long-term revenue stream for Pearce Bespoke from franchise fees.
Understanding the structure of these non-refundable fees is important for franchisees to assess the long-term financial viability of their investment. It is essential to consider these fees when projecting revenue and expenses to ensure accurate financial planning. Franchisees should clarify with Pearce Bespoke the specific terms and conditions related to these 'Thereafter' fees, including the duration and potential changes in fee structure.