Start-Up Costs and Fees |
||
| Apricot Lane | Basement Living Systems USA | |
| Investment | 137150 - 361800 | 190000 - 320000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 4% |
| Advertising Fee | 1% | |
| Year Founded | 1991 | 1953 |
| Year Franchised | 2004 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Apricot Lane | Basement Living Systems USA | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Apricot Lane | Basement Living Systems USA | |
| 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 | Basement Living Systems USA | |
| Training | Initial one week orientation and ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Marketing materials are created and available | |
| 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) | |
Expansion Plans |
||
| Apricot Lane | Basement Living Systems USA | |
| 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, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Apricot Lane | |
| Basement Living Systems USA | |
| Franchise Fee | |
| Apricot Lane | |
| Basement Living Systems USA | |
| Royalty Fee | |
| Apricot Lane | 5.50% |
| Basement Living Systems USA | 4% |
| Advertising Fee | |
| Apricot Lane | |
| Basement Living Systems USA | 1% |
| Year Founded | |
| Apricot Lane | 1991 |
| Basement Living Systems USA | 1953 |
| Year Franchised | |
| Apricot Lane | 2004 |
| Basement Living Systems USA | 2008 |
| Term Of Agreement | |
| Apricot Lane | 10 years |
| Basement Living Systems USA | 5 years +5+5+5 |
| Renewal Fee | |
| Apricot Lane | |
| Basement Living Systems USA | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Apricot Lane | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| Apricot Lane | No |
| Basement Living Systems USA | No |
| Start-up Costs | |
| Apricot Lane | |
| Basement Living Systems USA | |
| Equipment | |
| Apricot Lane} | |
| Basement Living Systems USA | |
| Inventory | |
| Apricot Lane | |
| Basement Living Systems USA | |
| Receivables | |
| Apricot Lane | |
| Basement Living Systems USA | |
| Payroll | |
| Apricot Lane | |
| Basement Living Systems USA | |
Training & Support |
|
| Training | |
| Apricot Lane | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Support | |
| Apricot Lane | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Basement Living Systems USA | |
| Marketing | |
| Apricot Lane | |
| Basement Living Systems USA | Marketing materials are created and available |
| 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) |
| Basement Living Systems USA | |
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, |
| Basement Living Systems USA | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Apricot Lane | |
| Basement Living Systems USA | |
| International Expansion | |
| Apricot Lane | |
| Basement Living Systems USA | |