Does the Apricot Lane real estate/rent estimate include insurance?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
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 amount for real estate/rent includes common area maintenance, taxes, insurance, and center advertising. The FDD indicates that the typical Apricot Lane store, requiring approximately 1,200 to 2,000 square feet, may be located in a tourist center, entertainment complex, regional mall, downtown street-side, or a power/community center.
The document estimates the first month's rent to be between $0 and $10,000. However, the FDD notes that rental expenses can fluctuate significantly based on geographic location, facility size, local rental rates, and other factors, potentially leading to considerably higher costs in or near large metropolitan areas.
Prospective franchisees should carefully consider these variables and conduct thorough market research to accurately estimate their potential rental expenses. It is also important to clarify with the lessor and utility companies any deposit requirements before occupying the premises and installing necessary utility services.