Is the initial franchise fee for an Apricot Lane franchise refundable?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 7: ESTIMATED INITIAL INVESTMENT]
Except for the initial franchise fee (see Item 5) none of these expenditures is refundable.
Explanatory Notes
-
- Item 5 of this Disclosure Document describes the initial franchise fee. If you qualify for the U.S. Military veterans discount we currently offer, we may discount the initial franchise fee by $5,000.
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 is the only expenditure listed in Item 7 that is potentially refundable. Item 5 of the FDD provides further details regarding the initial franchise fee. The initial franchise fee for the first store is $39,500, while subsequent stores have a $20,000 initial franchise fee.
For prospective Apricot Lane franchisees, this means that if they meet certain conditions outlined in Item 5, they might be eligible for a refund of the initial franchise fee. However, all other expenses listed in Item 7, such as real estate costs, deposits, construction, inventory, and marketing expenses, are non-refundable.
It is important for potential franchisees to carefully review Item 5 of the FDD to understand the specific conditions under which the initial franchise fee may be refundable. Additionally, military veterans may qualify for a $5,000 discount on the initial franchise fee.