factual

What is the initial franchise fee for a second Apricot Lane franchise purchased by an existing franchisee?

Apricot_Lane Franchise · 2025 FDD

Answer from 2025 FDD Document

ded in Section 6.C of this Agreement.

D. Initial Franchise Fee for a Second or Additional Franchise Purchased

The franchise fee for a second franchise purchased by an existing franchisee is Twenty Thousand Dollars ($20,000), payable on the same terms and conditions as provided in Section 1.C above. FRANCHISEE will sign the Franchise Agreement currently in use for that second location and the "Second or Additional St

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

What This Means (2025 FDD)

According to Apricot Lane's 2025 Franchise Disclosure Document, the initial franchise fee for a second franchise purchased by an existing franchisee is $20,000. This fee is subject to the same terms and conditions as the initial franchise fee for the first location.

This means that if you are a current Apricot Lane franchisee looking to expand, you will need to pay $20,000 upfront for each additional location. This fee grants you the right to operate another Apricot Lane store.

The FDD also states that the "Second or Additional Store Fee" provided for in that second store Franchise Agreement will apply towards any third store location purchased. This implies that there may be some financial benefit or credit applied towards the initial franchise fee for a third Apricot Lane location if you already own two franchises. It would be prudent to clarify the specifics of this "Second or Additional Store Fee" with Apricot Lane before committing to a second franchise.

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.