Start-Up Costs and Fees |
||
| Apricot Lane | Aaron's Sales & Lease Ownership | |
| Investment | 137150 - 361800 | 283270 - 852975 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 6% |
| Advertising Fee | ||
| Year Founded | 1991 | 1955 |
| Year Franchised | 2004 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Apricot Lane | Aaron's Sales & Lease Ownership | |
| Experience | General business experience | |
Financing Options |
||
| Apricot Lane | Aaron's Sales & Lease Ownership | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Apricot Lane | Aaron's Sales & Lease Ownership | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 - 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (30% of current franchisees are owner/operators) |
Expansion Plans |
||
| Apricot Lane | Aaron's Sales & Lease Ownership | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |
| Franchise Fee | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |
| Royalty Fee | |
| Apricot Lane | 5.50% |
| Aaron's Sales & Lease Ownership | 6% |
| Advertising Fee | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |
| Year Founded | |
| Apricot Lane | 1991 |
| Aaron's Sales & Lease Ownership | 1955 |
| Year Franchised | |
| Apricot Lane | 2004 |
| Aaron's Sales & Lease Ownership | 1992 |
| Term Of Agreement | |
| Apricot Lane | 10 years |
| Aaron's Sales & Lease Ownership | 10 years |
| Renewal Fee | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | General business experience |
Financing Options |
|
| Franchise Fees | |
| Apricot Lane | No |
| Aaron's Sales & Lease Ownership | No |
| Start-up Costs | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |
| Equipment | |
| Apricot Lane} | |
| Aaron's Sales & Lease Ownership | |
| Inventory | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |
| Receivables | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |
| Payroll | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |
Training & Support |
|
| Training | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |
| Support | |
| Apricot Lane | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Aaron's Sales & Lease Ownership | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Apricot Lane | Number of employees needed to run franchised unit: 5 - 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Aaron's Sales & Lease Ownership | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (30% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Apricot Lane | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Aaron's Sales & Lease Ownership | |
| Canada Expansion | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | 0 |
| International Expansion | |
| Apricot Lane | |
| Aaron's Sales & Lease Ownership | |