What section of the Apricot Lane Franchise Agreement discusses site selection services?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
Store, COUNTRY VISIONS will:
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- Recommend a leasing consultant or specialist and real estate broker to you, at your option, to assist with site selection, lease negotiations and negotiations to secure a landlord approved letter of intent (LOI). Site selection services at then-current rates or at fees agreed to by the parties in writing (Section 4.A of the Franchise Agreement.);
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- Review any site for the Store and give you written notice of approval or disapproval within 30 business days after receiving your written proposal for the site (Section 4.A of the Franchise Agreement);
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- Make available to you assistance with the construction bidding process and selection of a licensed general contractor (Section 5.D.3 of the Franchise Agreement);
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- Make available to you, at your option, professional architectural services at then-current rates (Section 5.B.1 of the Franchise Agreement);
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Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 22–30)
What This Means (2025 FDD)
According to the 2025 Apricot Lane FDD, site selection services are referenced in Section 4.A of the Franchise Agreement. Item 11 outlines that Apricot Lane may recommend a leasing consultant or real estate broker to assist with site selection and lease negotiations. Additionally, Section 4.A of the Franchise Agreement covers Apricot Lane's review of the proposed site for the store, with a written notice of approval or disapproval provided within 30 business days of receiving the written proposal.
Apricot Lane also outlines in Item 11 that Section 5.D.3 of the Franchise Agreement covers assistance with the construction bidding process and selection of a licensed general contractor. Section 5.B.1 of the Franchise Agreement addresses professional architectural services that Apricot Lane may make available at then-current rates. Section 5.C of the Franchise Agreement covers the review of all final plans and specifications for the premises.
These sections of the Apricot Lane Franchise Agreement are important for prospective franchisees as they detail the support and services Apricot Lane provides during the critical phase of site selection and store setup. Franchisees should carefully review these sections to understand the scope of assistance offered, the associated costs, and their own responsibilities in the process. Understanding these aspects can help franchisees make informed decisions and ensure a smooth launch of their Apricot Lane store.