factual

Does Apricot Lane require written approval for replacements made during remodeling?

Apricot_Lane Franchise · 2025 FDD

Answer from 2025 FDD Document

one percent (1%) of the FRANCHISEE's annual gross revenues or Five Thousand Dollars ($5,000), whichever is less, per calendar year.

B. Changes to Business and System Modifications

1. Remodeling, Modernization, Changes to Existing Business

FRANCHISEE may be required to periodically make reasonable capital expenditures to remodel, redesign, modernize and change the Franchised Business and to replace and modernize the Premises so that the Franchised Business will reflect the then-current image intended to be portrayed by the Specialty Stores. All remodeling, modernization, or changes to the Premises must be done in accordance with the standards and specifications as prescribed by FRANCHISOR from time to time and with the prior written approval of FRANCHISOR. All replacements must conform to FRANCHISOR's then-current quality standards and specifications and must be approved by FRANCHISOR in writing. FRANCHISEE may be required to remodel, redesign, modernize or change the Premises not more than once during the term of this Agreement or renewal hereof, or more frequently as required by the lease for the Premises.

2.

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

What This Means (2025 FDD)

According to Apricot Lane's 2025 Franchise Disclosure Document, franchisees must obtain prior written approval from Apricot Lane for replacements made during remodeling. Specifically, any replacements made to the premises must adhere to Apricot Lane's current quality standards and specifications, and these replacements must receive written approval from Apricot Lane.

This requirement ensures that all Apricot Lane stores maintain a consistent brand image and quality. Franchisees need to factor in the time required to submit requests and receive approvals for any replacements during remodeling. Failure to obtain this approval could result in non-compliance with the franchise agreement.

Furthermore, franchisees may be required to periodically make capital expenditures to remodel, redesign, modernize, and change the franchised business and to replace and modernize the premises. These changes must align with the standards and specifications prescribed by Apricot Lane. The expenditures for these changes and modifications are capped at the lesser of two percent of the franchisee's average annual Gross Revenues or $15,000.

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.