Apricot Lane has changed the face of the clothing franchise world. Our affordable franchise gives our franchisees the freedom to choose the inventory they sell, the training to show them how to succeed, and the support to help them through every obstacle. An investment in Apricot Lane is not just an investment in the growing fast fashion industry, it is a commitment to a way of life that fosters strength and independence.
Our initial franchise fee is incredibly affordable at just $39,500, especially when you consider all the resources that we provide, from training to technology and everything in between. The investment to open a new store starts at $150,000 (does not include the franchise fee) for the first-time franchisee. We also offer a $5,000 discount on the initial franchise fee for military veterans.
The initial investment range includes everything you will need to open your doors such as store design, inventory, furniture and fixtures, equipment, site selection and leasing consultant, on-site training, and in-store merchandising.
Building a career as a business owner is a big decision, and considering the total investment is an essential part of that decision. Before you decide where you want to invest your money, you probably want to know where it is going! That’s why we have put together this chart to show you quickly and efficiently exactly what your investment gets you.
|Initial Franchise Fee - First boutique||$39,500|
|Franchise Fee - Additional boutique||$20,000|
|Typical Investment (Exclusive of working capital)*||$150,000|
|Advertising Development Fund (Not a media fund)||1%|
*This is the minimum price and could be more depending on boutique size & location. Note this does not include working capital
If you are planning to obtain financing, you will need a minimum of $50,000 in cash or liquid assets in addition to the collateral to apply against the remainder of a loan. Although Apricot Lane Boutique does not provide in-house financing, we can refer you to one of our preferred lenders.
Most franchise candidates find they can fund their business by accessing capital they already have available through the equity in their home or by accessing qualifying retirement plans such as a 401k without incurring penalties or experiencing tax consequences. Financing options may also include third party (family, friends, existing business partners) or traditional bank loans.
* See the current Franchise Disclosure Document (“FDD”), Item 7, for complete detailed breakdown of the potential investment.
Learn more about the investment by downloading our e-book! This free e-book is your guide to investing in fashion. It will help you understand how franchising with Apricot Lane boutique work and how to make the best out of your investement.Download Now
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