At the end of 2024, how many franchised Apricot Lane outlets were in operation?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 82 | 108 | +26 |
| 2023 | 108 | 112 | +4 | |
| 2024 | 112 | 109 | -3 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 82 | 108 | +26 |
| 2023 | 108 | 112 | +4 | |
| 2024 | 112 | 109 | -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, there were 109 franchised outlets in operation at the end of 2024. The FDD provides a table that tracks the status of franchised outlets over the past three fiscal years.
Specifically, the table shows that Apricot Lane started 2024 with 112 franchised outlets. During the year, the number of outlets decreased by 3, resulting in 109 locations at year's end. This information is crucial for potential franchisees as it provides a clear picture of the brand's recent growth and stability.
Reviewing the number of outlets at the end of the year helps prospective franchisees understand the brand's performance and overall trend in store counts. This data, combined with other factors, can assist in making an informed decision about investing in an Apricot Lane franchise.