What is the total estimated initial investment range for a subsequent Apricot Lane store?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
T-UP FRANCHISE**
| Type of expenditure | Amount (Estimated Cost) | Method of payment | When due | To whom payment is to be made | |
|---|---|---|---|---|---|
| Initial Franchise Fee1 | $39,500 (first store) $20,000 (subsequent stores) | Lump Sum | See Item 5 & Note 1 | COUNTRY VISIONS | |
| Real Estate/1st month rent2 | $0 - $10,000 | As Arranged | As Arranged | Lessor | |
| Deposits (Lessor, Utilities, | $0 - $5,000 | As Arranged | As Arranged | Lessor & Utility Companies | |
| Providers)3 | |||||
| Store Designer/Architect4 | $10,000 to $12,000 | Lump Sum | Plan Completion | Approved Suppliers | |
| Plan Review Fee5 | $0 - $1,500 | Lump Sum | On submittal of Plans | COUNTRY VISIONS | |
| Construction/Leasehold | $0 - $100,000 | As Arranged | As Arranged | General Contractor | |
| Improvements6 | |||||
| Center Construction Fees & | $0 - $2,500 | As Arranged | As Arranged | Lessor, General Contractor | |
| Demolition7 | |||||
| Cash Wrap/associated millwork | $13,000 - $15,000 | As Arranged | As Arranged | Approved Suppliers | |
| package8 | |||||
| Flooring & Installation9 | $1,000 - $10,000 | As Arranged | As Arranged | Approved Suppliers | |
| Display Fixture Package, Bags | $4,000 - $15,000 | As Arranged | As Arranged | Approved Suppliers | |
| and Boxes | |||||
| Computer & Software | $9,000 - $12,000 | As Arranged | As Arranged | Approved Suppliers (See Item 11) | |
| Initial Inventory10 | $35,000 - $45,000 | As Arranged | As Arranged | Approved Suppliers & Vendors | |
| Insurance Deposit11 | $0 - $3,500 | As Arranged | As Arranged | Insurance Company | |
| Exterior Signs | $13,000 - $14,000 | As Arranged | As Arranged | Approved Suppliers | |
| Expenses While Training12 | $2,500 - $5,000 | As Arranged | As Arranged | Transportation Lines Hotels & Restaurants |
| Type of expenditure | Amount (Estimated Cost) | Method of payment | When due | To whom payment is to be made | |
|---|---|---|---|---|---|
| Grand Opening, Pre- and Post- | $10,000 - $12,000 | As Arranged | As Arranged | Approved Suppliers | |
| Opening Marketing | |||||
| Grand Opening Marketing | $0 - $1,500 | As Arranged | As Arranged | COUNTRY VISIONS | |
| Fee13 | |||||
| On-Site Store Opening and | $3,450 - $4,500 | As Arranged | On Invoice | COUNTRY VISIONS | |
| Visual Merchandising14 | |||||
| Initial Store Marketing & POP | $1,500 - $1,800 | As Arranged | On Invoice | Approved Suppliers | |
| materials15 | |||||
| Office Equipment, Furniture & | $1,000 - $2,500 | As Arranged | As Arranged | Approved Suppliers | |
| Supplies | |||||
| Lease Negotiations and Lease | $5,000 | As Arranged | As Arranged | Leasing Broker | |
| Legal16 | |||||
| In Store Music/Video System | $500 - $2,000 | As Arranged | As Arranged | Approved Suppliers | |
| Professional Fees | $500 - $1,000 | As Arranged | As Arranged | Attorneys, CPAs, lenders, other professionals | |
| Additional Funds 3 months | $20,000 - $40,000 | As Incurred | As Incurred | Employees, Suppliers & Vendors | |
| TOTAL ESTIMATED INITIAL INVESTMENT | $168,950 – $360,300 (first store) $149,450 – $340,800 (subsequent stores) | Except for the initial franchise fee (see Item 5) none of these expenditures is refundable. |
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 total estimated initial investment for a subsequent store ranges from $149,450 to $340,800. This investment covers various expenses, including the initial franchise fee, real estate and rent, deposits, store designer/architect fees, construction and leasehold improvements, cash wrap, flooring, display fixtures, computer and software, initial inventory, insurance, exterior signs, training expenses, grand opening marketing, on-site store opening, initial store marketing, office equipment, lease negotiations, in-store music/video system, professional fees, and additional funds for the first three months.
The initial franchise fee for a subsequent store is $20,000, which is lower than the fee for the first store ($39,500). Other significant costs include construction and leasehold improvements, which can range from $0 to $100,000 depending on the condition of the premises. The cost of initial inventory is estimated to be between $35,000 and $45,000. Real estate and first month's rent can range from $0 to $10,000, while deposits for the lessor and utilities can range from $0 to $5,000.
Prospective franchisees should note that these are estimated costs and the actual expenses may vary based on factors such as location, the condition of the retail space, and specific vendor choices. It is important to carefully review each component of the initial investment and to conduct thorough due diligence to understand the potential financial obligations. Franchisees should also consider negotiating landlord tenant construction allowances, which can range from $0 to $100,000, to help offset some of the initial costs.