How many franchised Apricot Lane outlets were operating at the start of 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 108 franchised outlets at the start of 2023. This information is based on the data provided in Table No. 3, which summarizes the status of franchised outlets for the fiscal years 2022, 2023, and 2024. The table specifically lists the number of franchised outlets at the beginning of each year.
For a prospective franchisee, this number indicates the size and growth of the Apricot Lane franchise system. Knowing the number of outlets at the start of the year helps to understand the brand's existing market presence and potential for further expansion. It also provides a baseline for evaluating the net change in the number of franchised outlets over the year, which can reflect the overall health and stability of the franchise system.
It's important to note that while the number of outlets at the start of the year provides a snapshot of the system's size, it doesn't reveal the entire picture. Factors such as store closures, transfers, and new openings also play a significant role in the dynamics of the franchise network. Reviewing the complete table, including the 'Outlets at the End of the Year' and 'Net Change' columns, offers a more comprehensive understanding of the franchise's performance over time.