For Apricot Lane franchises in Minnesota, when is the initial franchise fee due and payable in full?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
With respect to franchises in Minnesota, Section 1.C of the Agreement is amended to provide that the initial franchise fee will be due and payable in full when the Franchisee opens the Franchised Business.
Failure to pay the entire initial franchise fee at that time will be grounds for termination of the Franchise Agreement
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, the standard policy for initial franchise fee payments is modified for franchises operating in Minnesota. Typically, the initial franchise fee is due upon the execution of the Franchise Agreement, or in installments if the franchisee has an "Open License."
However, for Apricot Lane franchises governed by Minnesota law, Section 1.C of the Franchise Agreement is amended. This amendment stipulates that the initial franchise fee is due and payable in full when the franchisee opens their Apricot Lane franchised business.
Failure to pay the entire initial franchise fee at the time of opening the business in Minnesota will be grounds for termination of the Franchise Agreement. This represents a significant difference from the standard payment terms and provides Minnesota franchisees with more time to accumulate the necessary funds.