How many Apricot Lane franchises in Alabama were reacquired by the franchisor in 2023?
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 franchises in Alabama reacquired by the franchisor during 2023. The table provided in Item 20 outlines the changes in franchise outlets across various states. In Alabama, for the year 2023, the 'Reacquired by Franchisor' column shows a value of 0.
Specifically, at the start of 2023, there were 2 Apricot Lane outlets in Alabama. During the year, 1 new outlet was opened. There were no terminations or non-renewals. The number of outlets reacquired by Apricot Lane was 0. At the end of the year, there were 3 outlets in operation in Alabama.
This data point is important for potential franchisees to understand the stability and franchisor-franchisee relationship within specific regions. A high number of reacquired franchises could indicate issues with franchisee success or support, while a consistent zero, as in the case of Alabama, might suggest a stable franchise network in that state.