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Apricot Lane

2012 Franchise 500
#386
At a Glance

Products & Services: Women's clothing, accessories & gifts

Number of Locations: 54

Total Investment: $165.3K - 402.8K

Founded: 1991

Began Franchising: 2004

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 54 0 0 0
2010 39 0 0 0
2009 34 0 0 0
2008 37 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $165,300 - $402,800
Franchise Fee: $29,500
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $200,000
Operations
5% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5 - 5. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week. Home learning program : 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,

Franchise Ranking History

Franchise 500®: #386 (2012), #487 (2011), #345 (2010), #464 (2008),
Top New: #47 (2008),