Apricot Lane Boutique Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Apricot Lane Boutique is a retail franchise selling trendy women's fashion, accessories, and gifts in a boutique setting. Franchisees run stores managing curated inventory, merchandising, and customer service.
FranchiseVerdict summary · 2026
A APRICOT LANE BOUTIQUE franchise requires a total initial investment of $150K – $342K, including a $15K – $40K franchise fee and an ongoing 5.5% royalty[2]. Per the 2026 FDD, average unit revenue was $606K[2]. SBA 7(a) loans show a 9.2% charge-off rate across 65 loans[1]. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $150K – $342K
- 15th pct Retail
- Avg gross sales
- $606K
- 6th pct Retail
- Royalty
- 5.5%
- 17th pct Retail
- Units
- 85
- 25th pct Retail
- SBA charge-off
- 9.2%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Retail · color = vs category peers
Green = favorable by >10% vs Retail avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $150K – $342K including a $15K franchise fee, 5.5% ongoing royalty.
- Average unit revenue of $606K/year (median $570K).
- Verdict C (Average), verdict score 40/100 (higher is better). SBA loan charge-off rate of 9.2% across 65 loans (near or below the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- System contracting at -24.1% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Country Visions, Inc.
- CEO title
- President and CEO
- Christopher Lanning
- Incorporated in
- California
- HQ
- 1339 Oliver Road, Suite A, Fairfield, California 94534
- Auditor
- Scinto Group, LLP
- Audited financials
- Franchisor revenue
- $2.3M
- vs $3.1M prior year
Overview
About
- CEO
- Christopher Lanning
- Headquarters
- California
- Founded
- 1996
- FDD year
- 2026
- States available
- 37
Can you afford it, and what does the money buy?
Entry cost runs 40% below the typical retail franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown22 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $20K | $40K | |
| Real Estate/1st month rent | $0 | $10K | |
| Deposits (Lessor, Utilities, Providers) | $0 | $5K | |
| Store Designer/Architect | $0 | $12K | |
| Construction/Leasehold Improvements | $0 | $80K | |
| Cash Wrap/associated millwork package | $6K | $15K | |
| Flooring & Installation | $0 | $10K | |
| Display Fixture Package, Bags and Boxes | $4K | $15K | |
| Computer & Software | $8K | $12K | |
| Centralized Buying Service Fees | $5K | $5K | |
| Initial Inventory | $35K | $45K | |
| Insurance Deposit | $0 | $4K | |
| Exterior Signs | $5K | $14K | |
| Expenses While Training | $3K | $5K | |
| Grand Opening, Pre- and Post-Opening Marketing | $15K | $15K | |
| On-Site Store Opening and Visual Merchandising | $3K | $5K | |
| Initial Store Marketing & POP materials | $2K | $2K | |
| Office Equipment, Furniture & Supplies | $1K | $3K | |
| Lease Negotiations and Lease Legal | $3K | $5K | |
| In Store Music/Video System | $500 | $2K | |
| Total initial investment | $130K | $342K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $150K – $342K
- Top 40% of category vs category
- Liquid capital req'd
- $20K – $40K
- Top 40% of category vs category
- Franchise fee
- $15K – $40K
- Top 40% of category vs category
- Royalty
- 5.5%
- percentage · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.5% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $145 |
| Transfer fee | $30K |
| Inventory (initial) | $35K – $45K |
| Total fee load | 6.5% of rev |
A 6.5% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
What do units actually make?
Average unit sales run 40% below the retail norm.
Source: FDD 2026 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$52K
8.5% margin
Unlevered ROIC
19%
EBITDA / total invested capital
Payback
5.4 yrs
cash-on-cash, unlevered
Financial Performance
- Avg gross sales
- $606K
- Per unit/yr · from the Item 19 franchised-cohort breakdown (no single system-wide average disclosed)
- Median gross sales
- $570K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross_sales
- Sample size
- 20 units
- vs category median 47 · small
- Range (low → high)
- $74K→$1.2M
- Cohort dispersion (min → max)
- Quartile band
- $126K→$606K
- Bottom 25% → top 25%
- Transparency tier
- limited
- Categorical assessment of disclosure depth
- Reporting year
- 2025
- Fiscal year the figures cover
- Transparency
- 1 / 10
- vs category median 3 / 10 · below
Compared against 307 Retail brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $606K/year in gross sales. Revenue-to-investment ratio: 2.5x.
Fee burden
Total ongoing fee load of 6.5% — below the Retail average of 8.9%.
Disclosure
Transparency score 1/10 — minimal disclosure beyond the required average. Hard to judge the distribution of outcomes across units.
Operator retention
System contracting at -24.1% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Retail averages
How Apricot Lane Boutique Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 85
- Opened
- 3
- Last reporting year
- Closed
- 27
- Turnover rate
- 31.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -24.1%
- Net unit change over 3 years
- 3-yr CAGR
- -24.1%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 3
- Closed (3yr)
- 0
- Terminated (3yr)
- 25
- Non-renewed (3yr)
- 2
- Transfers (3yr)
- 5
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 20
- Franchisor's next-year forecast
- Transfer rate
- 0.2%
- Owners selling to other franchisees
- Termination rate
- 0.9%
- Franchisor-initiated terminations
- Ceased ops
- 1.3%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 5 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 65
- Loan volume
- $10.9M
- Median loan
- $167K
- average
- Charge-off rate
- 9.2%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- 30.0%
- Loans approved 2021+
- Active lenders
- 28
- Defaults
- 6
Vintage analysis
Apricot Lane Boutique charge-off rate by loan vintage
Top lenders financing Apricot Lane Boutique franchisees
Showing 3 of 28 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Apricot Lane Boutique's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 20 states
- Startup risk premium and job creation velocity
Instant access. No subscription.
What could kill this investment?
SBA loans charge off at 9.2% — 43% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Apricot Lane Boutique presents HIGH RISK due to accelerating unit contraction, complete absence of financial disclosure, and unclear franchisor viability despite no formal going concern statement.
Litigation (Item 3)
Item 3 states no litigation is required to be disclosed.
Largest disclosed settlement: $39,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Scinto Group, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 40 / 100 verdict
- 01MEDSevere unit decline of 22% year-over-year (85 units) indicates systemic problems or market contraction
- 02MEDNo Item 19 financial performance data disclosed — inability to validate revenue/profitability claims
- 03MEDHigh total investment ($149,950–$342,300) combined with undisclosed average unit economics creates ROI uncertainty
- 04MINOR5.5% royalty on unknown revenues limits visibility into franchisor's profitability alignment
- 05MINORFranchise fee of $39,500 is substantial given declining unit count and lack of performance transparency
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 6.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 2 mi |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 10 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | Yes |
| Arbitration location | Solano County, California |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 0 |
View Item 3 litigation summary
Item 3 states no litigation is required to be disclosed.
Items 10, 11
Training & Operations
- Classroom training
- 131 hrs
- On-the-job training
- 55 hrs
- Training location
- Virtual/online (Phase 1 at home) and in-Boutique plus a designated fashion market (Phase 2)
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- joint
- POS system
- POSIM EVO
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: POSIM EVO
Item 20 · call current owners
Franchisee Contacts
6 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
APRICOT LANE BOUTIQUE · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a APRICOT LANE BOUTIQUE franchise?
The total investment to open a APRICOT LANE BOUTIQUE franchise ranges from $150K – $342K, with an initial franchise fee of $15K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do APRICOT LANE BOUTIQUE franchise owners earn?
According to Item 19 of the APRICOT LANE BOUTIQUE FDD, the average gross sales per unit is $606K. The median is $570K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is APRICOT LANE BOUTIQUE's franchise failure rate?
Based on SBA 7(a) loan data, APRICOT LANE BOUTIQUE has a charge-off rate of 9.2% across 65 loans, meaning 9.2% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many APRICOT LANE BOUTIQUE franchise locations are there?
As of their most recent FDD filing, APRICOT LANE BOUTIQUE has 85 total units in the United States, including 85 franchised units and 0 company-owned units. 3 new units were opened in the latest reporting year.
Is APRICOT LANE BOUTIQUE a good franchise to buy?
FranchiseVerdict rates APRICOT LANE BOUTIQUE as a C-grade franchise with a verdict score of 40 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.