In 2022, how many Apricot Lane outlets opened in Alabama?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations For Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| AL | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–51)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, in 2022, one Apricot Lane outlet opened in Alabama. The table provided in Item 20 of the FDD details the number of outlets that opened in each state for the fiscal years 2022, 2023, and 2024. At the start of 2022, there was one outlet in Alabama, and by the end of the year, there were two, indicating the opening of one new location.
This information is useful for prospective franchisees as it provides insight into the brand's growth and presence in specific states. Observing the number of openings, terminations, and overall changes in outlet numbers can help potential franchisees assess the brand's performance and stability in different markets. It's important to note that these figures represent the situation as of December 31 for each year.
For a potential Apricot Lane franchisee, this data highlights the brand's expansion trends and market dynamics. While one new store opened in Alabama in 2022, the document shows further growth in 2023 with another store opening. However, no new stores opened in 2024. This type of information is crucial for making informed decisions about where to invest and what to expect in terms of market saturation and growth potential.