In 2023, how many Apricot Lane franchises in Wisconsin were not renewed?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchised Outlets For the Fiscal Years of 2022, 2023 and 2024**
| 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 | |
| AK | 2022 | 1 |
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, there were 2 Apricot Lane franchises in Wisconsin that were not renewed in 2023. This means that the franchisees chose not to extend their franchise agreements when they expired. At the start of 2023, there were 2 Apricot Lane outlets in Wisconsin, and after the 2 non-renewals, there were 0 outlets at the end of the year.
Non-renewal can occur for various reasons, such as the franchisee deciding to retire, pursue other business ventures, or simply not wanting to continue operating the franchise. It's important to note that non-renewal is different from termination, which is when the franchisor ends the agreement due to the franchisee's failure to comply with the terms of the agreement.
For a prospective Apricot Lane franchisee, this data highlights the importance of understanding the factors that can influence a franchisee's decision to renew or not renew their agreement. It would be prudent to inquire about the reasons for non-renewals in specific locations and to assess the overall satisfaction and success rates of existing franchisees to better understand the potential challenges and opportunities within the Apricot Lane franchise system.