What is the estimated cost range for lease negotiations and legal fees for an Apricot Lane franchise?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
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- We recommend using the services of a national real estate brokerage company to handle real estate site selection. They are paid commission by the landlord and are responsible for their own expense. We also recommend the services of an attorney who charges a fixed fee of $5,000 for lease comments and negotiations with a landlord's attorney. If you use someone other than our recommended consultants for your site selection and lease negotiations, we cannot estimate the cost and it may differ from what is sh
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 14–17)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, the estimated cost for lease negotiations and legal fees is $5,000. This fee covers the cost of using a recommended attorney for lease comments and negotiations with the landlord's attorney.
The FDD specifies that this estimate applies when using the attorney that Apricot Lane recommends. If a franchisee chooses to use a different consultant for site selection and lease negotiations, the actual cost may differ from the stated amount.
This fixed fee arrangement can provide cost certainty for franchisees during the lease negotiation process. However, franchisees should confirm with Apricot Lane and the recommended attorney the scope of services covered by this fee to ensure it meets their specific needs. It is important to note that real estate brokerage companies are typically paid commission by the landlord.