Start-Up Costs and Fees |
||
| Apricot Lane | Norwalk Furniture & Design | |
| Investment | 137150 - 361800 | 495000 - 495000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 0 |
| Advertising Fee | ||
| Year Founded | 1991 | 1902 |
| Year Franchised | 2004 | 1987 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Apricot Lane | Norwalk Furniture & Design | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Apricot Lane | Norwalk Furniture & Design | |
| 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 | Norwalk Furniture & Design | |
| Training | Administrative & service management | |
| 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, Field operations/evaluations |
| Marketing | Ad slicks, 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) | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Apricot Lane | Norwalk Furniture & Design | |
| 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 | |
| Norwalk Furniture & Design | |
| Franchise Fee | |
| Apricot Lane | |
| Norwalk Furniture & Design | |
| Royalty Fee | |
| Apricot Lane | 5.50% |
| Norwalk Furniture & Design | 0 |
| Advertising Fee | |
| Apricot Lane | |
| Norwalk Furniture & Design | |
| Year Founded | |
| Apricot Lane | 1991 |
| Norwalk Furniture & Design | 1902 |
| Year Franchised | |
| Apricot Lane | 2004 |
| Norwalk Furniture & Design | 1987 |
| Term Of Agreement | |
| Apricot Lane | 10 years |
| Norwalk Furniture & Design | 5 years |
| Renewal Fee | |
| Apricot Lane | |
| Norwalk Furniture & Design | |
Business Experience Requirements |
|
| Experience | |
| Apricot Lane | |
| Norwalk Furniture & Design | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Apricot Lane | No |
| Norwalk Furniture & Design | No |
| Start-up Costs | |
| Apricot Lane | |
| Norwalk Furniture & Design | |
| Equipment | |
| Apricot Lane} | |
| Norwalk Furniture & Design | |
| Inventory | |
| Apricot Lane | |
| Norwalk Furniture & Design | |
| Receivables | |
| Apricot Lane | |
| Norwalk Furniture & Design | |
| Payroll | |
| Apricot Lane | |
| Norwalk Furniture & Design | |
Training & Support |
|
| Training | |
| Apricot Lane | |
| Norwalk Furniture & Design | Administrative & service management |
| Support | |
| Apricot Lane | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Norwalk Furniture & Design | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Apricot Lane | |
| Norwalk Furniture & Design | Ad slicks, 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) |
| Norwalk Furniture & Design | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is NOT allowed. (100% 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, |
| Norwalk Furniture & Design | |
| Canada Expansion | |
| Apricot Lane | |
| Norwalk Furniture & Design | 0 |
| International Expansion | |
| Apricot Lane | |
| Norwalk Furniture & Design | |