factual

What special fees might be associated with construction in certain centers or malls for an Apricot Lane franchise?

Apricot_Lane Franchise · 2025 FDD

Answer from 2025 FDD Document

to $100,000.

    1. Some centers or malls may have special fees related to construction, such as those for installation of temporary barricades and providing a construction dumpster. Costs for demolition and restoration of space to "plain vanilla shell" are more likely to be assessed with a regional mall, but it is possible in other circumstances. During your lease negotiations, you should determine if the lessor intends to impose any such charges.
    1. The cash wrap is a custom-made unit designed specifically for APRICOT LANE Stores, and includes the millwork package (Built-in cabinet, Wall panel and ADA fitting room bench).
    1. Typical flooring is a luxury vinyl plank flooring. In some cases the existing flooring in a location may be approved.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 14–17)

What This Means (2025 FDD)

According to Apricot Lane's 2025 Franchise Disclosure Document, certain centers or malls may impose special construction-related fees. These fees can cover expenses like the installation of temporary barricades and the provision of a construction dumpster. Additionally, costs for demolition and restoring the space to a "plain vanilla shell" are more likely to be assessed in regional malls, though they can occur in other locations as well. The estimated cost for these center construction fees and demolition can range from $0 to $2,500.

It is important for prospective Apricot Lane franchisees to proactively investigate these potential charges during lease negotiations. The FDD advises franchisees to determine if the lessor intends to impose any such fees. This due diligence can help in accurately forecasting the initial investment required to set up the franchise.

These fees are part of the broader category of construction and leasehold improvements, which can vary significantly based on factors such as the size and condition of the premises, the extent of required improvements, local labor costs, and landlord requirements. The FDD estimates that construction/leasehold improvements can range from $0 to $100,000. Understanding the potential for these additional construction-related fees is crucial for franchisees to manage their budget effectively and avoid unexpected costs during the build-out phase.

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.