Where in the Apricot Lane FDD can I find information about failure to complete training?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
ble for all expenses incurred by FRANCHISEE or FRANCHISEE's employees in attending such additional training including, without limitation, travel costs, room and board expenses and employees' salaries.
C. Failure to Complete Training
FRANCHISEE or FRANCHISEE's designated manager must complete the initial training to FRANCHISOR's satisfaction as determined in FRANCHISOR's sole discretion. If this obligation is not fulfilled, FRANCHISOR may terminate this Agreement in the manner herein provided, and at FRANCHISOR's election, assume the lease for the Franchised Premises and/or purchase all furniture, fixtures and other assets of the Franchised Business at cost, as agreed upon by the parties. If this Agreement is terminated pursuant to this Paragraph, FRANCHISOR shall return to FRANCHISEE the franchise fees paid by FRANCHISEE to FRANCHISOR minus the expenses incurred by FRANCHISOR in connection with this Agreement and its performance hereunder not to exceed Five Thousand Dollars ($5,000); but only after FRANCHISEE executes
a general release of any claims against FRANCHISOR and related parties and returns to FRANCHISOR all copies of all pr
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to the 2025 Apricot Lane FDD, Section C of Item 23 discusses the repercussions of failing to complete the initial training program. Apricot Lane requires that the franchisee or their designated manager complete the initial training to the franchisor's satisfaction. This determination is made at Apricot Lane's sole discretion.
If the franchisee or their manager does not fulfill this training obligation, Apricot Lane has the right to terminate the franchise agreement. In the event of termination, Apricot Lane can elect to assume the lease for the franchised premises and/or purchase all furniture, fixtures, and other assets of the franchised business at a cost agreed upon by both parties.
If the agreement is terminated due to failure to complete training, Apricot Lane will return the franchise fees paid by the franchisee, minus expenses incurred by Apricot Lane in connection with the agreement and its performance. These expenses will not exceed $5,000. However, this refund is contingent upon the franchisee executing a general release of any claims against Apricot Lane and related parties, and returning all copies of proprietary materials and confidential information to Apricot Lane. After termination, the franchisee remains bound by the provisions and covenants outlined in Sections 9 and 18 of the agreement.