What are all the fees that an Apricot Lane franchisee might pay, considering both Item 5 and Item 6?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
The franchise fee for a second franchise purchased by an existing franchisee is Twenty Thousand Dollars ($20,000), payable on the same terms and conditions as provided in Section 1.C above. FRANCHISEE will sign the Franchise Agreement currently in use for that second location and the "Second or Additional Store Fee" provided for in that second store Franchise Agreement will apply towards any third store location purchased.
All revenue and income of any nature earned or derived in connection with the E-Commerce Platform shall be part of Gross Revenues under Section 12C and subject to all of the provisions under this Agreement (including royalty fees and advertising contributions), provided however, the Royalty and advertising contributions under Sections 12A and 11B, respectively, relating to Gross Revenues derived from the E-Commerce Platform shall be five and one-half percent (5.5%) and one percent (1%), respectively, notwithstanding anything to the contrary by which Franchisee is entitled to pay lesser percentage amounts due to operating multiple Apricot Lane stores or otherwise.
We charge a fee of $1,500 plus expenses.
For the point of sale and inventory management software program you must pay $145 monthly subscription fee (for an annual cost of $1,740) and upgrade as specified by COUNTRY VISIONS.. Maximum upgrades are twice a year at a total cost of $500 per year.
If you are approved for an additional Store, you will sign the Franchise Agreement then in use for new franchisees and pay the franchise fee for additional stores described in Item 5 of this Disclosure Document.
COUNTRY VISIONS shall have the right to charge you for any costs incurred by us, and a reasonable fee for our services, in any relocation of the Franchised Business.
The initial franchise fee for 2023 and 2022 is $39,500, and the franchise fee for additional stores is $15,000.
The cost of insurance will vary based on policy limits, type of policies procured, geographic location, and other related factors.
Some centers or malls may have special fees related to construction, such as those for installation of temporary barricades and providing a construction dumpster.
The Grand Opening Marketing Fee applies only if we choose to use a Advertising or Promotions Agency or Marketing Consultant other than COUNTRY VISIONS in house agency to develop a local Grand Opening Marketing Plan, including local market research.
Franchisee shall remit to Franchisor (or, at Franchisor's direction, remit directly to the Provider) all fees, costs, expenses and reimbursements required to be paid to the Provider
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, franchisees can expect to pay a variety of fees. The initial franchise fee is $39,500, but for a second franchise purchased by an existing franchisee, the fee is $20,000. If Apricot Lane uses an outside agency for the grand opening marketing plan, there is a Grand Opening Marketing Fee. Additionally, Apricot Lane charges a fee of $1,500 plus expenses for a store opener representative to assist with staff training, visual merchandising, and opening support.
Franchisees also pay ongoing fees. There is a royalty fee of 5.5% of gross revenues from the E-Commerce Platform. Franchisees must also pay advertising contributions of 1% of gross revenues from the E-Commerce Platform. For the point of sale and inventory management software program, franchisees must pay a $145 monthly subscription fee (totaling $1,740 annually) and may incur upgrade costs of up to $500 per year. Franchisees may also be charged a reasonable fee for Apricot Lane's services if they relocate their Franchised Business.
Additional potential fees include costs for insurance, which will vary based on policy limits, geographic location, and other factors. Franchisees are also responsible for fees, costs, expenses, and reimbursements required to be paid to the Provider for the E-Commerce Platform. Some centers or malls may have special fees related to construction, such as those for installation of temporary barricades and providing a construction dumpster. If a franchisee is approved for an additional store, they will pay the franchise fee for additional stores described in Item 5.
Prospective Apricot Lane franchisees should carefully review Items 5 and 6 of the Franchise Disclosure Document to fully understand all potential fees and costs associated with opening and operating a franchise. Understanding these fees is crucial for accurate financial planning and assessing the overall profitability of the franchise.