Does the Apricot Lane real estate/rent estimate include common area maintenance?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
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- You must rent premises for the operation of the Franchised Business. The typical Store requires approximately 1,200 to 2,000 square feet. The typical facility will be located in a, tourist center, entertainment complex, a regional mall, downtown street-side or a power/community center. This estimate contemplates rent for 1 month. The rental expense may vary greatly based on geographic location, size of the facility, local rental rates and other factors, and may be considerably higher in or near large metropolitan areas. The estimated amount of real estate/rent includes common area maintenance, taxes, insurance and center advertising.
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 estimated cost for real estate/rent includes common area maintenance. The FDD indicates that the typical Apricot Lane store requires 1,200 to 2,000 square feet and is usually located in a tourist center, entertainment complex, regional mall, downtown street-side, or a power/community center. The estimate provided in Item 7 contemplates rent for one month. The total real estate/rent cost is estimated to be between $0 and $10,000.
However, the document also notes that rental expenses can vary significantly based on geographic location, the size of the facility, local rental rates, and other factors. As a result, the actual rental expense may be considerably higher in or near large metropolitan areas.
In addition to common area maintenance, the real estate/rent estimate also includes taxes, insurance, and center advertising. Prospective franchisees should carefully consider these factors and conduct thorough market research to estimate their potential real estate costs accurately.