What is the Apricot Lane franchisee's responsibility regarding commencing and sustaining efforts needed to either maintain possession of the Premises or to secure substitute premises before expiration of the term?

According to Apricot Lane's 2025 Franchise Disclosure Document, the franchisee is solely responsible for starting and continuing the necessary actions to either keep their current location or find a new one before their franchise term ends. This means the franchisee must take the initiative in lease negotiations, renewal options, or scouting for alternative locations if necessary.

Furthermore, the Apricot Lane franchisee is obligated to keep the franchisor fully informed about all activities related to maintaining possession of the premises or securing a substitute location. This includes providing updates on communications with landlords, copies of notices, and details of any plans regarding the premises.

This requirement ensures that Apricot Lane is aware of the franchisee's plans and can offer support or guidance if needed. Failing to maintain possession of the premises or secure a suitable substitute could lead to issues with renewing the franchise agreement, so it's crucial for franchisees to proactively manage their lease and keep the franchisor in the loop.