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Apricot Lane Boutique franchise financing options

Compare costs, fees and where to get financing for a Apricot Lane Boutique.

Overall costs for Apricot Lane Boutique run anywhere from $46,100 to $190,500. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

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 fees

Equipment fees total $17,050 for Apricot Lane Boutique. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
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 fees

Real 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.
Real estate Cost
Construction and leasehold improvements $0 to $100,000
Estimated total $0 to $100,000

Inventory costs

Initial inventory for Apricot Lane Boutique shakes out to $50,000. This is less than the nationwide average of $53,119.
Inventory Cost
Initial inventory $35,000 to $65,000
Estimated total $35,000 to $65,000

Insurance costs

Initial insurance costs for Apricot Lane Boutique run $500. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance deposit $0 to $1,000
Insurance Premiums for required insurance and franchisoru2019s costs and expenses.
Estimated total $0 to $1,000

Other expenses

Miscellaneous expenses for Apricot Lane Boutique total $750 — less than the nationwide average of $69,970.
Other Cost
Professional fees $500 to $1,000
Estimated total $500 to $1,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Apricot Lane Boutique is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Apricot Lane Boutique franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Apricot Lane Boutique about in-house financing for franchisees.
  3. 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.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. 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.
Also check if Apricot Lane Boutique franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You 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.
Name Product Filter Values Min. Amount Max. Amount Requirements
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
First Union Lending business loans
$5,000
$5,000,000
450+ credit score, 1+ year in business, $25,000+ monthly revenue, no open bankruptcies
Unsecured funding and more for all credit types.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
National Funding business loans
$5,000
$500,000
Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.
Working capital loans and equipment financing, some high-risk industries may be eligible.
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How Apricot Lane Boutique stacks up

Compare 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 line

Apricot 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.

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