What do the travel and living expenses for training cover for a Pearce Bespoke franchise?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
non-refundable and is deemed earned upon receipt.
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- Travel and Living Expenses For Training. This amount includes lodging, meals, and travel expenses for two persons attending the initial training program during the initial training program (see Item 11).
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- On-Site Training. Prior to opening your Franchise, you must successfully complete the required training programs. The low estimate assumes you will travel to our Training Facility in Baton Rouge, Louisiana.
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 travel and living expenses for training cover lodging, meals, and travel expenses for two people to attend the initial training program. The estimated cost for these expenses ranges from $199 to $2,500. These expenses are incurred as arranged and are paid to lodging, transportation, and meal providers.
Pearce Bespoke estimates these costs as part of the initial investment a franchisee will make when starting the business. The lower end of the estimate likely reflects minimal travel and lodging costs, possibly if the franchisee lives near the training location or chooses more economical options. The higher end accounts for greater distances, more expensive accommodations, or other unforeseen costs.
Prospective franchisees should consider these costs when planning their initial investment. It is important to note that these expenses are in addition to the initial franchise fee and other start-up costs. Franchisees should inquire about the location of the training, the duration of the training program, and any options for reducing these expenses, such as shared accommodations or travel discounts.