FranchiseVerdict
Pearce Bespoke logo
FV-01909·MODERATEExcellent81

Pearce Bespoke

RetailFranchising since 2022Website
Investment
$43K – $128K
3rd pct Retail
Avg revenue
53rd pct Retail
Royalty
Units
48
43rd pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $43K – $128K including a $56K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
  • System growing at 1000.0% CAGR over 3 years with 48 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Pearce Bespoke Franchising, LLC
Incorporated in
North Carolina
HQ
107 Parr Drive, Huntersville, NC 28078
Auditor
Reese CPA LLC
Audited financials
Franchisor revenue
$43K
vs $573K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Pearce Bespoke unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $43K–$128K
Working capital
$
Item 7 didn't break this out — defaulted to ~10% of annual revenue

Unlevered ROIC · per unit

55%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$53K
EBITDA margin
7.0%
Total invested
$96K
Payback
22 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Pearce Bespoke franchisees operate custom tailoring and bespoke menswear fitting services, likely involving in-person client consultations, garment alterations, custom suit creation, and fittings. Daily work involves client relationship management, fabric selection, measurements, and coordination with tailoring production.

CEO
Nathan Pearce
Founded
2021
FDD year
2025
States available
15

Item 7 · what it costs

The Vitals

Total investment
$43K – $128K
All-in to open one unit
Liquid capital
$0 – $20K
Cash you must have on hand
Franchise fee
$56K
Royalty
The greater of 10% of Gross Sales or $100 per week
Ad fund
2.0%
typical 3–5%
Total fee load
12.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
48
Opened
11
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
96%
vs corporate-owned
Net growth (yr3)
+24.3%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2023
46+9
Franchised units
2024
37
Franchised units
2025
1
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 12 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 12 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
6
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

Pearce Bespoke presents CAUTION-level risk: lack of financial transparency (no Item 19), unconfirmed going concern status, high fees with unclear ROI potential, and rapid growth without disclosed unit economics.

Score breakdown · what drove the 62 / 100 rating

  1. 01MEDNo Item 19 (Average Revenue/Net Income) disclosed — impossible to assess unit-level profitability or ROI
  2. 02HIGHGoing Concern status is FALSE — indicates potential franchisor financial distress or operational instability
  3. 03MINORHigh franchise fee ($55,900) combined with wide investment range ($42,919–$128,320) suggests unclear startup costs and poor cost transparency
  4. 04MINORAggressive royalty structure (10% of sales OR $100/week minimum) creates cash flow pressure on low-revenue units
  5. 05MEDRapid unit growth (24.3% YoY) without disclosed revenue metrics raises questions about franchisee quality and sustainability
  6. 06MINORSmall system size (48 units) limits network stability and support infrastructure capacity
  7. 07MINORProtected territory language is vague — no specifics on territory size, density limitations, or enforcement mechanisms

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population-based
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
No
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
North Carolina

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
17 hrs
POS system
POS System
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

23 numbers

Locked
(760) 889-••••
CA
(251) 278-••••
AL
(213) 576-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

Pearce Bespoke · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above