How many company-owned Apricot Lane outlets were in operation 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 in operation. 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.
For a prospective franchisee, this information indicates that Apricot Lane focuses primarily on a franchise model rather than operating company-owned stores. This may suggest that the franchisor's revenue is generated from franchise fees and royalties rather than direct retail sales.
The absence of company-owned stores might also imply that franchisees receive less direct competition from the franchisor. However, it could also mean that the franchisor has less direct, hands-on experience in operating retail outlets, which could affect the support and guidance they provide to franchisees. It is important for potential franchisees to understand the implications of this business model and how it might affect their investment and operations.