What is the initial franchise fee for the first Apricot Lane store?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
T-UP FRANCHISE**
| Type of expenditure | Amount (Estimated Cost) | Method of payment | When due | To whom payment is to be made |
|---|---|---|---|---|
| Initial Franchise Fee1 | $39,500 (first store) $20,000 (subsequent stores) | Lump Sum | See Item 5 & Note 1 | COUNTRY VISIONS |
| Real Estate/1st month rent2 | $0 - $10,000 | As Arranged | As Arranged | Lessor |
| Deposits (Lessor, Utilities, | $0 - $5,000 | As Arranged | As Arranged | Lessor & Utility Companies |
| Providers)3 | ||||
| Store Designer/Architect4 | $10,000 to $12,000 | Lump Sum | Plan Completion | Approved Suppliers |
| Plan Review Fee5 | $0 - $1,500 | Lump Sum | On s |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 14–17)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, the initial franchise fee for the first store is $39,500. This fee is a lump sum payment due to Country Visions, as detailed in Item 5 of the FDD. However, the document also notes that Apricot Lane offers a $5,000 discount on the initial franchise fee for qualified U.S. Military veterans. This means that a qualifying veteran would pay a reduced initial franchise fee of $34,500.
This initial franchise fee is just one component of the total estimated initial investment, which ranges from $168,950 to $360,300 for the first store. Other significant costs include real estate and rent, store design, construction, inventory, and marketing. It is important to note that, except for the initial franchise fee, none of these expenditures are refundable.
Prospective franchisees should carefully consider their eligibility for the veteran's discount and factor the initial franchise fee into their overall budget. They should also review Item 5 of the FDD for complete details on the fee and payment terms. Understanding the full scope of the initial investment, including both the franchise fee and other startup costs, is crucial for making an informed decision about investing in an Apricot Lane franchise.