What were the total operating expenses for Pearce Bespoke?
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 |
| Royalties | 4 7,008 | 6 | ,031 |
| Rebates | 4 0,079 | 4 | 26 |
| Total Revenues | 5 72,535 | 4 | 3,050 |
| Operating Expenses | 1 ,052,399 | 8 | 9,414 |
| Net Income (Loss) | ( 479,864) | ( 46,365) | |
| Members' Equity, Beginning | 7 ,880 | - | |
| Contributions | - | 54,245 | |
| Members' Equity (Deficiency), Ending | $ ( 471,984) | $ 7,880 |
Source: Item 23 — RECEIPTS (FDD pages 39–172)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the total operating expenses were $1,052,399. This figure is part of a larger financial overview that includes various revenue streams and the resulting net income or loss.
For a prospective franchisee, understanding the operating expenses is crucial for assessing the financial viability of a Pearce Bespoke franchise. These expenses, when considered alongside revenue figures, provide a clear picture of the business's profitability. It's important to note that this figure represents a specific period and may not be indicative of future performance.
It is also important to consider the context of this number. In this case, the operating expenses of $1,052,399 contributed to a net loss of $479,864. This suggests that the business's revenues were not sufficient to cover its operating costs during the period represented in the FDD. A potential franchisee should investigate the reasons for this loss and evaluate whether they can implement strategies to improve profitability.
Prospective franchisees should carefully analyze these figures and conduct their own due diligence, including consulting with financial advisors, to determine whether a Pearce Bespoke franchise aligns with their financial goals and risk tolerance. Reviewing past performance and understanding the factors that influence revenue and expenses is a critical step in the franchise investment decision-making process.