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Promoted Opportunities

Apricot Lane
#375

Initial Investment

LOW: $130,500
HIGH: $404,800

Change in Units

-1.4% -1 UNITS (1 Year)
-17.0% -15 UNITS (3 Years)

Company Profile

Founded

1991

Franchising Since

2004 (13 Years)

Corporate Address

3333 Vaca Valley Pkwy., #700 Vacaville, CA 95688

CEO

Ken Petersen

Parent Company

Country Visions Inc.

About Apricot Lane

Apricot Lane is franchised by Country Visions, a company started by Ken Petersen, Tom Brady and Scott Jacobs. The partners are also behind Country Clutter, a gift and collectibles store founded in 1991. As they began adding fashion accessories to their merchandise, Apricot Lane evolved. Apricot Lane boutiques sell branded women's fashion apparel, jewelry, handbags and accessories.

Financials

Financial Requirements

Initial Investment

$130,500 - $404,800

Net-worth Requirement

$250,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$29,500

Ongoing Royalty Fee

5.5%

Ad Royalty Fee

1%

Financing Options

Apricot Lane has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 7 days

Training at headquarters: 5 days

Additional Training: Home learning program

Ongoing Support
Newsletter
Meetings
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 5 - 5

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 17th, 2016

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