For Apricot Lane, what does 'Ceased Operations For Other Reasons' refer to in Table No. 3?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
024 | 0 | | Total | 2022 | 4 | | | 2023 | 2 | | | 2024 | 4 |
Table No. 3 Status of Franchised 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 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| AR | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| AZ | 2022 | 2 | 1 | 0 | 0 | 0 | 1 | 2 |
| 2023 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| CA | 2022 | 4 | 2 | 0 | 0 | 0 | 0 | 6 |
| 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 | 6 | 1 | 1 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 2 | 0 | 1 | 0 | 0 | 7 | |
| CO | 2022 | 5 | 1 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 1 | 1 | 1 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 2 | 0 | 0 | 0 | 3 | |
| CT | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| DE | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 |
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, Table No. 3 includes a column labeled 'Ceased Operations For Other Reasons.' Unfortunately, the document does not define or provide specific examples of what constitutes 'Other Reasons' for ceasing operations. The table provides data on the number of outlets that ceased operations for these 'Other Reasons' on a state-by-state basis for the fiscal years 2022, 2023, and 2024.
Without a clear definition, it is difficult to determine the specific events or circumstances that would lead an Apricot Lane franchise to cease operations for 'Other Reasons.' This lack of clarity makes it challenging for a prospective franchisee to assess the potential risks and factors that could contribute to a store closure outside of the typical categories like terminations, non-renewals, or reacquisition by the franchisor.
A prospective Apricot Lane franchisee should seek clarification from the franchisor regarding the specific types of situations that fall under the 'Ceased Operations For Other Reasons' category. Understanding these reasons is crucial for evaluating the overall stability and potential challenges of operating an Apricot Lane franchise. It would be prudent to inquire about the frequency and nature of these occurrences during the due diligence process.