Does Apricot Lane offer a reduced initial franchise fee for veterans?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
IAL FEES**
The standard initial franchise fee is $39,500. We may provide a $5,000 reduction on the initial franchise fee to veterans of U.S. Armed Forces who meet our criteria. Currently, to qualify for the discount, the veteran must own at least 50.0% of the franchise. "Veteran" means a person who receives an honorable discharge, as evidenced by a U.S. Department of Defense Form 214 (DD-214). The franchise fee for a second and each additional franchise purchased is $20,000. Otherwise, the initial franchise fee and any subsequent fees paid for additional stores are uniform for all franchisees. During fiscal year ending December 31, 2024, we collected franchise fees ranging from $15,000 t
Source: Item 5 — INITIAL FEES (FDD pages 10–11)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, a discount on the initial franchise fee may be available to veterans of the U.S. Armed Forces. The standard initial franchise fee for an Apricot Lane franchise is $39,500.
Apricot Lane may provide a $5,000 reduction on this initial franchise fee to veterans who meet specific criteria. To qualify for the discount, the veteran must own at least 50% of the franchise. The franchisor defines a "veteran" as someone who has received an honorable discharge, which must be evidenced by a U.S. Department of Defense Form 214 (DD-214).
It is important to note that this discount is not guaranteed, as Apricot Lane states that they "may" provide the reduction, indicating it is subject to their discretion and the veteran meeting their criteria. Franchisees should confirm their eligibility and the availability of the discount with Apricot Lane during their due diligence process.