Start-Up Costs and Fees |
||
| Norwalk Furniture & Design | Apricot Lane | |
| Investment | 495000 - 495000 | 137150 - 361800 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 5.50% |
| Advertising Fee | ||
| Year Founded | 1902 | 1991 |
| Year Franchised | 1987 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Norwalk Furniture & Design | Apricot Lane | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Norwalk Furniture & Design | 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 |
||
| Norwalk Furniture & Design | Apricot Lane | |
| Training | Administrative & service management | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks, Regional advertising | |
| Operations | 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) | 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 |
||
| Norwalk Furniture & Design | 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 | |
| Norwalk Furniture & Design | |
| Apricot Lane | |
| Franchise Fee | |
| Norwalk Furniture & Design | |
| Apricot Lane | |
| Royalty Fee | |
| Norwalk Furniture & Design | 0 |
| Apricot Lane | 5.50% |
| Advertising Fee | |
| Norwalk Furniture & Design | |
| Apricot Lane | |
| Year Founded | |
| Norwalk Furniture & Design | 1902 |
| Apricot Lane | 1991 |
| Year Franchised | |
| Norwalk Furniture & Design | 1987 |
| Apricot Lane | 2004 |
| Term Of Agreement | |
| Norwalk Furniture & Design | 5 years |
| Apricot Lane | 10 years |
| Renewal Fee | |
| Norwalk Furniture & Design | |
| Apricot Lane | |
Business Experience Requirements |
|
| Experience | |
| Norwalk Furniture & Design | Industry experience General business experience |
| Apricot Lane | |
Financing Options |
|
| Franchise Fees | |
| Norwalk Furniture & Design | No |
| Apricot Lane | No |
| Start-up Costs | |
| Norwalk Furniture & Design | |
| Apricot Lane | |
| Equipment | |
| Norwalk Furniture & Design} | |
| Apricot Lane | |
| Inventory | |
| Norwalk Furniture & Design | |
| Apricot Lane | |
| Receivables | |
| Norwalk Furniture & Design | |
| Apricot Lane | |
| Payroll | |
| Norwalk Furniture & Design | |
| Apricot Lane | |
Training & Support |
|
| Training | |
| Norwalk Furniture & Design | Administrative & service management |
| Apricot Lane | |
| Support | |
| Norwalk Furniture & Design | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Apricot Lane | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Norwalk Furniture & Design | Ad slicks, Regional advertising |
| Apricot Lane | |
| Operations | |
| 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) |
| 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 | |
| Norwalk Furniture & Design | |
| 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 | |
| Norwalk Furniture & Design | 0 |
| Apricot Lane | |
| International Expansion | |
| Norwalk Furniture & Design | |
| Apricot Lane | |