In 2024, how many Apricot Lane franchises in South Carolina were terminated?
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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 1 | 1 | 0 | 0 | 0 | 3 | |
| OH | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| PA | 2022 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| SC | 2022 | 1 | 2 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 1 | 0 | 0 | 0 | 3 | |
| SD | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| TN | 2022 | 0 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 1 | 0 | 0 | 0 | 2 | |
| TX | 2022 | 13 | 9 | 0 | 0 | 0 | 0 | 22 |
| 2023 | 22 | 1 | 3 | 0 | 0 | 0 | 20 | |
| 2024 | 20 | 1 | 3 | 0 | 0 | 0 | 18 | |
| VT | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 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, one franchise in South Carolina was terminated in 2024. The table provided in Item 20 details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and outlets at the end of the year for each state.
For a prospective franchisee, this information is crucial for assessing the stability and performance of Apricot Lane franchises in specific states. A high number of terminations could indicate underlying issues with the franchise model or market conditions in that area. Conversely, a low number of terminations, as seen in South Carolina, may suggest a more stable franchise environment.
It's important to note that the table also includes data on non-renewals and other reasons for ceased operations, providing a comprehensive view of franchise turnover. Reviewing these figures alongside the termination data can offer a more nuanced understanding of the factors affecting franchise operations within the Apricot Lane system. Prospective franchisees should investigate the reasons behind any terminations or non-renewals to fully understand the risks and opportunities associated with investing in an Apricot Lane franchise.