What is included as Exhibit B-1 in the Apricot Lane Disclosure Document?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
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Certain franchisees may qualify to participate in the franchisor-approved e-commerce platform program (the "E-Commerce Platform Program"). Through the E-Commerce Platform Program, qualifying franchisees may sell certain fashion apparel, accessories and other merchandise to customers through the franchisor-approved e-commerce distribution channel. Qualifying franchisees will be those who are not in default under their franchise agreement(s) with us, meet our then-current criteria for participation, and submit all application and any other materials that we request, including a signed Amendment for E-Commerce Platform, the current form of which is attached to this Disclosure Document as Exhibit B-1.
COUNTRY VISIONS has never operated a business of the type being franchised. Some of the persons identified in Item 2 operated businesses selling home accessories and gift items from August 1991 until April 1995, including COUNTRY CLUTTER stores and similar stores under different names. COUNTRY VISIONS has offered franchises for the Stores since its formation in January 1996.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–9)
What This Means (2025 FDD)
According to the 2025 Apricot Lane Franchise Disclosure Document, Exhibit B-1 is the Amendment for E-Commerce Platform. This amendment is relevant for franchisees who qualify and want to participate in Apricot Lane's approved e-commerce platform program.
To qualify for the E-Commerce Platform Program, franchisees must not be in default under their franchise agreement, meet the franchisor's current criteria for participation, and submit all required application materials, including the signed Amendment for E-Commerce Platform. This program allows qualifying franchisees to sell fashion apparel, accessories, and other merchandise through Apricot Lane's approved online distribution channel.
For a prospective franchisee, understanding the terms and conditions outlined in the Amendment for E-Commerce Platform is crucial if they intend to participate in online sales. They should carefully review the amendment to understand their obligations, the franchisor's responsibilities, and any fees or costs associated with the program. It's also important to understand the criteria for participation and ensure they can meet those requirements to take advantage of the e-commerce opportunity.