How many Apricot Lane franchises in Alabama ceased operations for other reasons in 2024?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations For Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| AL | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 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 Apricot Lane franchises in Alabama that ceased operations for other reasons during the 2024 fiscal year. The provided table in Item 20 outlines the status of outlets and franchisee information, detailing openings, terminations, non-renewals, re acquisitions, and closures for various reasons.
Specifically, for Alabama in 2024, the table shows that there were 3 outlets at the start of the year, with no outlets opened, terminated, non-renewed, or reacquired by the franchisor. The column for 'Ceased Operations For Other Reasons' indicates a value of 0, meaning no stores closed for reasons outside of the other listed categories. At the end of 2024, there were still 3 Apricot Lane stores operating in Alabama.
This data point is important for prospective franchisees in Alabama as it provides insight into the stability and performance of Apricot Lane franchises in that state. A lack of closures for 'other reasons' could be interpreted positively, suggesting that stores are not closing due to unforeseen or unlisted issues. However, it is essential to consider this information in conjunction with other factors, such as sales performance, local market conditions, and the overall health of the franchise system.