Start-Up Costs and Fees |
||
| Aaron's Sales & Lease Ownership | Apricot Lane | |
| Investment | 283270 - 852975 | 137150 - 361800 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5.50% |
| Advertising Fee | ||
| Year Founded | 1955 | 1991 |
| Year Franchised | 1992 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Aaron's Sales & Lease Ownership | Apricot Lane | |
| Experience | General business experience | |
Financing Options |
||
| Aaron's Sales & Lease Ownership | Apricot Lane | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Aaron's Sales & Lease Ownership | Apricot Lane | |
| 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 | 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) | 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 |
||
| Aaron's Sales & Lease Ownership | Apricot Lane | |
| 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 | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |
| Franchise Fee | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |
| Royalty Fee | |
| Aaron's Sales & Lease Ownership | 6% |
| Apricot Lane | 5.50% |
| Advertising Fee | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |
| Year Founded | |
| Aaron's Sales & Lease Ownership | 1955 |
| Apricot Lane | 1991 |
| Year Franchised | |
| Aaron's Sales & Lease Ownership | 1992 |
| Apricot Lane | 2004 |
| Term Of Agreement | |
| Aaron's Sales & Lease Ownership | 10 years |
| Apricot Lane | 10 years |
| Renewal Fee | |
| Aaron's Sales & Lease Ownership | $2.5K |
| Apricot Lane | |
Business Experience Requirements |
|
| Experience | |
| Aaron's Sales & Lease Ownership | General business experience |
| Apricot Lane | |
Financing Options |
|
| Franchise Fees | |
| Aaron's Sales & Lease Ownership | No |
| Apricot Lane | No |
| Start-up Costs | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |
| Equipment | |
| Aaron's Sales & Lease Ownership} | |
| Apricot Lane | |
| Inventory | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |
| Receivables | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |
| Payroll | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |
Training & Support |
|
| Training | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |
| Support | |
| Aaron's Sales & Lease Ownership | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Apricot Lane | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Aaron's Sales & Lease Ownership | Co-op advertising, Ad slicks, National media, Regional advertising |
| Apricot Lane | |
| Operations | |
| 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) |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Aaron's Sales & Lease Ownership | |
| 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, |
| Canada Expansion | |
| Aaron's Sales & Lease Ownership | 0 |
| Apricot Lane | |
| International Expansion | |
| Aaron's Sales & Lease Ownership | |
| Apricot Lane | |