What were the total initial franchise fees Pearce Bespoke collected?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Revenues: | |||
|---|---|---|---|
| Initial franchise fees | $ 1 64,210 | $ - | |
| Equipment fees | 1 68,000 | - | |
| Franchise revenues | 153,238 | 3 | 6,593 |
Source: Item 23 — RECEIPTS (FDD pages 39–172)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the total initial franchise fees collected were $164,210.
This figure represents the revenue Pearce Bespoke received from new franchisees joining the system. Initial franchise fees are a common source of revenue for franchisors, as they represent the payment for the right to use the Pearce Bespoke brand, system, and intellectual property.
Prospective franchisees should consider this number in the context of the overall financial performance of Pearce Bespoke. A higher number of initial franchise fees may indicate strong growth and interest in the franchise, but it is important to also consider other revenue streams and expenses to get a complete picture of the company's financial health.
It's also worth noting that this figure represents only the initial franchise fees and does not include other fees that franchisees may pay, such as royalties, marketing fees, or technology fees. Reviewing all revenue streams can provide a more comprehensive understanding of Pearce Bespoke's financial model.