Does the Apricot Lane franchise agreement require an initial from the franchisee?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
The initial franchise fee for 2023 and 2022 is $39,500, and the franchise fee for additional stores is $15,000.
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.
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to the 2025 Apricot Lane Franchise Disclosure Document, an initial franchise fee is required. Section 1 of Item 23 states that the initial franchise fee for 2023 and 2022 was $39,500. The franchise fee for additional stores was $15,000.
This fee is generally recognized when Apricot Lane has performed all the services specified in the franchise agreement, which typically occurs when the franchisee's store opens. These services include site selection, lease negotiation, marketing, franchisee training, employee training, and store opening assistance.
For franchisees purchasing a second Apricot Lane franchise, the franchise fee is $20,000, payable under the same terms and conditions as the initial franchise fee. The franchisee will sign the current franchise agreement for the second location, and any "Second or Additional Store Fee" provided in that agreement will apply towards any third store location purchased.