factual

Is the Apricot Lane franchise grant limited to a specific location?

Apricot_Lane Franchise · 2025 FDD

Answer from 2025 FDD Document

r party hereby agree as follows:

SECTION 1: GRANT, LOCATION AND INITIAL FRANCHISE FEE

A. Grant

FRANCHISOR hereby grants to FRANCHISEE, upon the terms and conditions herein contained, the right, franchise and privilege (the "franchise") to use the Mark "APRICOT LANE" as provided hereinafter (the "Designated Mark") and such other Marks as FRANCHISOR may authorize from time to time in the operation of a Specialty Store at a single approved location as provided in Section 1.B below. If a location for the Specialty Stores has not been selected and approved on signing this Agreement, the Designated Mark will be inserted in this Section 1.A no later than when a location is selected and approved as provided under the "Open License" terms and in Section 1.B below. The grant is limited to the right to operate a Specialty Store under the Designated Mark at the location designated in Section 1.B for retail over-the-counter sales to consumers of approved merchandise and services as hereinafter provided and any sales by the Franchised Business through any other means such as at wholesale, by mail order, through catalogs, electronic commerce, any other distribution channel, or at fairs or trade shows is prohibited without the express prior written consent of FRANCHISOR. If FRANCHISOR approves such sales, FRANCHISEE's sales shall comply with all conditions set forth in such consent.

B. Location

The Franchised Business will be located within the Territory described in Section 2.A of this Agreement. The location for the Franchised Business (the "Premises") shall be:

provided that if no specific location has been identified, then FRANCHISEE has an "Open License," which means that FRANCHISEE has a right to establish a Specialty Store in the future at a site mutually agreed upon in a designated geographic area under the terms and conditions

provided for in Exhibit A to this Agreement. Once an agreed location is secured for operation of the Specialty Store, it will be set forth above. FRANCHISEE acknowledges that the franchise awarded by this Agreement is only for the operation of a Franchised Business under the Designated Mark at the location set forth above and at no other location whatsoever.

Source: Item 23 — RECEIPTS (FDD pages 51–222)

What This Means (2025 FDD)

According to the 2025 Apricot Lane Franchise Disclosure Document, the franchise is granted for a single, approved location. The franchisee has the right to operate a specialty store at this designated location for retail sales to consumers. Any sales through other channels, such as wholesale, mail order, catalogs, electronic commerce, or at fairs or trade shows, are prohibited without the franchisor's express prior written consent. If the franchisor approves such sales, the franchisee must comply with all conditions set forth in the consent.

If a location hasn't been selected and approved when the Franchise Agreement is signed, the franchisee has an "Open License," allowing them to establish a store in a mutually agreed-upon geographic area under the terms outlined in Exhibit A of the agreement. Once a location is secured, it will be specified in the agreement. The franchisee acknowledges that the franchise is only for operating at the specified location.

The Apricot Lane franchisee is restricted from operating the franchised business at any location other than the approved premises without express written consent from Apricot Lane. Furthermore, franchisees cannot relocate the Franchised Business within the Territory or open additional Specialty Stores in the Territory without Apricot Lane's prior express written consent. This ensures that each franchise operates within a defined space, preventing overlap and maintaining brand consistency.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.