table_specific

How many company-owned Apricot Lane outlets were sold to franchisees in 2022?

Apricot_Lane Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Outlets at Start of the Year Outlets Opened Outlets Reacquired From Franchisee Outlets Closed Outlets Sold to Franchisee Outlets at End of the Year
2022 0 0 0 0 0 0
All 2023 0 0 0 0 0 0
States
2024 0 0 0 0 0 0
2022 0 0 0 0 0 0
TOTAL 2023 0 0 0 0 0 0
2024 0 0 0 0 0 0

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, in 2022, no company-owned outlets were sold to franchisees. The table provided indicates that for the fiscal year 2022, the number of company-owned outlets remained at zero, with no sales to franchisees reported. This suggests that Apricot Lane did not transfer any of its company-operated stores to new franchise owners during that year.

For a prospective franchisee, this information is relevant in understanding the growth strategy of Apricot Lane. The absence of company-owned store sales to franchisees in 2022 could indicate a preference for other expansion methods, such as establishing new franchised locations or maintaining company-owned operations. It is important to note that while no sales occurred in 2022, this does not preclude such transactions in other years.

Reviewing the data for subsequent years, 2023 and 2024, also shows zero company-owned stores being sold to franchisees. This consistent lack of sales might reflect a strategic decision by Apricot Lane to retain ownership of its corporate stores, if any exist, or it could simply mean they have not yet pursued this avenue for franchise expansion. A potential franchisee might want to inquire about Apricot Lane's future plans regarding the sale of company-owned stores and whether this is a potential avenue for franchise acquisition in the future.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.