How many company-owned Apricot Lane outlets were reacquired from franchisees in 2023?
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 no company-owned outlets reacquired from franchisees in 2023. The table regarding the status of company-owned outlets indicates that the number of company-owned Apricot Lane stores remained at zero for 2022, 2023, and 2024. This means Apricot Lane did not reacquire any franchised locations to operate as company-owned stores during this period.
This information is important for potential franchisees as it shows Apricot Lane's strategy regarding company-owned stores. The fact that Apricot Lane has not been reacquiring franchises to convert them to company-owned operations could suggest a preference for the franchise model.
A prospective franchisee might want to inquire with Apricot Lane about their future plans for company-owned stores and under what circumstances they might consider reacquiring a franchise.