Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Apricot Lane Boutique franchise financing options
Compare costs, fees and where to get financing for a Apricot Lane Boutique.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Apricot Lane Boutique franchise may result in higher or lower fees.
Equipment feesEquipment fees total $17,050 for Apricot Lane Boutique. This is less than the $180,023 average for the top 200 franchises.
|Computer and software||$9,000 to $12,000|
|Exterior signs||$600 to $9,000|
|Office equipment, furniture and supplies||$1,000 to $2,500|
|Estimated total||$10,600 to $23,500|
Real estate feesReal estate will set you back $50,000 for Apricot Lane Boutique, thought it's less than the average of $788,376 for the top 200 franchises.
|Construction and leasehold improvements||$0 to $100,000|
|Estimated total||$0 to $100,000|
Inventory costsInitial inventory for Apricot Lane Boutique shakes out to $50,000. This is less than the nationwide average of $53,119.
|Initial inventory||$35,000 to $65,000|
|Estimated total||$35,000 to $65,000|
Insurance costsInitial insurance costs for Apricot Lane Boutique run $500. This means you'll be paying less than the overall nationwide average of $6,311.
|Insurance deposit||$0 to $1,000|
|Insurance||Premiums for required insurance and franchisoru2019s costs and expenses.|
|Estimated total||$0 to $1,000|
Other expensesMiscellaneous expenses for Apricot Lane Boutique total $750 — less than the nationwide average of $69,970.
|Professional fees||$500 to $1,000|
|Estimated total||$500 to $1,000|
How to financeSince the estimated total for Apricot Lane Boutique is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Apricot Lane Boutique franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Apricot Lane Boutique about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $118,300 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?You have several options when it comes to financing a Apricot Lane Boutique — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
- Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
- Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Apricot Lane Boutique opening costs.
- SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Compare small business lendersYou may not need financing to cover the estimated $46,100. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Apricot Lane Boutique stacks upCompare how Apricot Lane Boutique holds up against two similarly sized franchises.
|Another Broken Egg Cafe||Apricot Lane Boutique||IKOR|
|Average Franchise fees||$50,000||NA||$37,500|
|Average Equipment fees||$18,000||$17,050||$3,000|
|Average Real estate fees||$492,500||$50,000||$7,167|
|Average Training fees||NA||NA||$4,000|
|Average Inventory fees||$13,750||$50,000||$3,000|
|Average Marketing fees||$10,000||NA||NA|
|Average Licenses and permits fees||NA||NA||$550|
|Average Insurance fees||$14,000||$500||NA|
|Average Admin fees||$7,000||NA||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$37,500||$750||$4,000|
Bottom lineApricot Lane Boutique franchise costs run a total of $118,300. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.
More guides on Finder
Startup business lines of credit
A business line of credit is a useful tool. But as a startup, you may not qualify for the best interest rates with most lenders. Explore your options — and alternatives — for flexible funding as a new business.
How to start a t-shirt business
Revel in the freedom of running your own business by selling tees online.
How much does a lumpectomy cost?
Find out the cost of a lumpectomy and ways to save on out-of-pocket costs.
How much does prostate surgery cost?
Find out the cost of prostate surgery and ways to save on out-of-pocket costs.
How much does a urine test cost?
Find out the cost of a urine test and ways to save on out-of-pocket costs.
How much does an epidural cost?
Find out the cost of an epidural and ways to save on out-of-pocket costs.
How much does an ovarian cyst surgery cost?
Find out the cost of an ovarian cyst surgery and ways to save on out-of-pocket costs.
How much does a spinal fusion cost?
Find out the cost of a spinal fusion and ways to save on out-of-pocket costs.
How much does a heart surgery cost?
Find out the cost of a heart surgery and ways to save on out-of-pocket costs.
How much does shoulder surgery cost?
Find out the cost of shoulder surgery and ways to save on out-of-pocket costs.
Ask an Expert