Choosing to start your small business as a franchise owner is one of the very best ways to become your own boss. When you invest in a clothing franchise with Apricot Lane, you gain access to all kinds of benefits that you wouldn’t otherwise have if you started your boutique from scratch. A time-tested business model, comprehensive training, and ongoing support are just some of the perks you’ll enjoy when you invest with us. Here, we’ll take a closer look at what that investment looks like, and more importantly, what it gets you.
Your Franchise Fee
As a requirement of doing business under a brand name, all franchisors charge a one-time franchise fee, and when you invest in a clothing franchise with Apricot Lane, that fee is $34,500 for your first boutique location, and $15,000 for each additional store you’d like to open. This money pays for your initial training, both at home and on-site, as well as our proprietary logos and resources, and our time-tested business model that’ll help you navigate the day-to-day operations of your beautiful new store. It’ll also get you access to our proprietary operations manual and a treasure trove of marketing and advertising materials that’ll help you market your business to your best customer. These materials are paid for in part by a 1% monthly advertisement development fee. You’ll also be responsible for a bi-monthly royalty fee of 5.5% of your gross sales.
In total, typical start-up costs for an Apricot Lane store run around $150,000, exclusive of working capital. Keep in mind, that number could vary, depending on the size and location of your boutique. We’re proud of these numbers because we know what they get you, and because we know when it’s all said and done, we’re one of the most affordable franchise opportunities out there.
At Apricot Lane, we never stop learning, and we make sure to pass on our knowledge to you! For as long as you are part of the Apricot Lane family, you’ll have access to the continuing support and education that comes with the Apricot Lane franchise cost. You’ll work with the very best and latest in technology and support systems, and take part in the monthly conference calls we hold with all our stores. During these calls, we cover buying, best sellers, marketing, social media, and operations, among many other important subjects. You can also count on us to help you with:
- Visual merchandising — to help you set your store up beautifully
- Hiring staff — so the right people are there to help you succeed
- Bookkeeping — so your records stay organized and at your fingertips
- Technology — so you’re always on the cutting edge
These are just a few of the benefits and rewards you’ll enjoy when you invest in a clothing franchise with Apricot Lane. We’re committed to the success of our franchisees because we know it’s what sets us apart from all the other retail franchise opportunities out there, and because our continued good reputation depends on it. Apricot Lane is extremely proud to be recognized as a leader in the fashion industry, and when you invest in your own Apricot Lane Boutique, you’ll be recognized as one, too!
To find out more about how to invest in a clothing franchise with us, get in touch today!