How many company-owned Apricot Lane outlets were operating at the end of 2022?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
utlet Summary For the Fiscal Years of 2022, 2023 and 2024**
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 82 | 108 |
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, at the end of 2022, there were zero company-owned Apricot Lane outlets. The table provided in Item 20 of the FDD details the status of both franchised and company-owned outlets for the fiscal years 2022, 2023, and 2024. The data specifies the number of outlets at the start and end of each year, as well as the net change.
For company-owned Apricot Lane locations, the data indicates that at the beginning of 2022 there were zero outlets. Throughout 2022, there were no company-owned outlets opened, resulting in a net change of zero. Therefore, the number of company-owned outlets at the end of 2022 remained at zero.
This information is crucial for potential franchisees as it provides insight into Apricot Lane's business model. The fact that Apricot Lane does not operate any company-owned stores suggests that their primary focus is on franchising, which may indicate a strong support system for franchisees. However, it also means that prospective franchisees cannot directly compare their performance against company-owned locations, as there are none.