Apricot Lane Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$39,500
Investment required
$156,450 - $347,300
Apricot Lane Boutique: Leading the Way in Personalized Fashion Retail
Apricot Lane Boutique, established in 2007, is a leading women's fashion franchise known for its unique and stylish offerings. The franchise is headquartered in Fairfield, California, and began franchising in 2004.
Apricot Lane Boutique stores are individually owned and operated, allowing each store to cater to the local fashion preferences of its community, which sets it apart from competitors by providing a personalized shopping experience.
The franchise focuses on offering the latest fashion trends in clothing, accessories, and gifts, with new arrivals almost daily. This ensures that customers always find something fresh and exclusive, fostering a loyal customer base.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
| Type of expenditure | Amount |
| Initial Franchise Fee | $39,500 (first store)
$20,000 (subsequent stores) |
| Real Estate/1st month rent | $0 - $10,000 |
| Deposits (Lessor, Utilities, Providers) | $0 - $5,000 |
| Store Designer/Architect | $10,000 to $12,000 |
| Plan Review Fee | $0 - $1,500 |
| Construction/Leasehold Improvements | $0 - $100,000 |
| Center Construction Fees & Demolition | $0 - $2,500 |
| Cash Wrap | $500 - $5,000 |
| Flooring & Installation | $1,000 - $10,000 |
| Display Fixture Package, Bags and Boxes | $4,000 - $15,000 |
| Computer & Software | $9,000 - $12,000 |
| Initial Inventory | $35,000 - $45,000 |
| Insurance Deposit | $0 - $1,000 |
| Exterior Signs | $13,000 - $14,000 |
| Expenses While Training | $2,500 - $5,000 |
| Grand Opening, Pre- and Post-Opening Marketing | $10,000 - $12,000 |
| Grand Opening Marketing Fee | $0 - $1,500 |
| On-Site Store Opening and Visual Merchandising | $3,450 - $4,500 |
| Initial Store Marketing & POP Package | $1,500 - $1,800 |
| Office Equipment, Furniture & Supplies | $1,000 - $2,500 |
| Lease Negotiations and Lease Legal | $5,000 |
| In Store Music/Video System | $500 - $1,500 |
| Professional Fees | $500 - $1,000 |
| Additional Funds 3 months | $20,000 - $40,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $156,450 – $347,300 (first store)
$136,950 – $327,800 (subsequent stores) |
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Franchise Disclosure Document
Training
Apricot Lane Boutique provides comprehensive training to ensure the success of its franchisees. The training process is multi-faceted and covers various aspects of operating a retail fashion business.
- Initial Training: Franchisees receive extensive initial training that includes both in-person and virtual components. This training covers essential areas such as store operations, customer service, merchandising, and using the Point of Sale (POS) system. The training is designed to equip franchisees with the skills necessary to run their boutique efficiently and effectively.
- On-Site Training: Before the grand opening, franchisees receive hands-on training at their location. This includes assistance with store layout, visual merchandising, and final preparations for the opening. A professional merchandiser is sent to the boutique to provide support during this critical phase, ensuring that everything is set up perfectly and ready for customers.
- Ongoing Support: Apricot Lane offers continuous support after the store opens. This includes regular webinars, best-practices meetings, and one-on-one coaching sessions to help franchisees optimize their operations. Franchisees also have access to a company-wide intranet, in-house marketing agency, and various merchandising tools, ensuring they stay updated with the latest trends and strategies.
- Seasonal Planning: The franchise provides seasonal planning sessions via video calls, where franchisees can learn about upcoming trends, share ideas, and collaborate with other store owners. This helps in strategic planning and maximizing business opportunities throughout the year.
Territory Protection
Apricot Lane Boutique offers territory protection to its franchisees, ensuring that each franchisee has a defined area where no other Apricot Lane boutiques will operate. This exclusivity helps franchise owners build a loyal customer base without the concern of competition from another franchisee in close proximity, fostering a stable business environment.
The franchise agreement details the specifics of the territory protection, typically based on geographic parameters and market potential. This strategic approach not only safeguards the interests of the franchisees but also maintains the brand's reputation and market presence in different regions, contributing to the overall success of the Apricot Lane Boutique network.
