百大连锁店Rank no.252 – Apricot Lane – 新移民致富之路
百大连锁店Rank no.252 – Apricot Lane – 新移民致富之路
Products & Services: Women’s clothing, accessories & gifts
Number of Locations: 88
Total Investment: $130.3K – 377.29K
Founded: 1991
Began Franchising: 2004
About Apricot Lane
Apricot Lane is franchised by Country Visions, a company started by former firefighters and furniture retailers Ken Peterson and Tom Brady. 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.
Franchise Units
YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
2013 | 88 | 0 | 0 | 0 |
2012 | 67 | 0 | 0 | 0 |
2011 | 54 | 0 | 0 | 0 |
2010 | 39 | 0 | 0 | 0 |
2009 | 34 | 0 | 0 | 0 |
Startup Costs, Ongoing Fees and Financing
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: $100,000
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 |
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Equipment | ||
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How This Franchise Supports Franchisees
Franchise Ranking History