table_specific

How many Apricot Lane franchises in Alabama were not renewed in 2023?

Apricot_Lane Franchise · 2025 FDD

Answer 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 zero non-renewals of Apricot Lane franchises in Alabama during 2023. The table provided in Item 20 outlines the franchise activity by state and year, showing that for Alabama in 2023, there were two stores at the start of the year, one outlet opened, zero terminations, zero non-renewals, zero reacquired by the franchisor, zero ceased operations for other reasons, and three outlets at the end of the year.

This indicates that all existing Apricot Lane franchisees in Alabama chose to renew their agreements in 2023. For a prospective franchisee, this could be a positive sign, suggesting stability and satisfaction among current franchise owners in that state. However, it is important to consider this data in the context of overall franchise performance and market conditions in Alabama.

It is also worth noting that while there were no non-renewals, one new Apricot Lane franchise did open in Alabama during 2023, increasing the total number of outlets from two to three. This suggests some level of growth and investment in the Apricot Lane brand within the state.

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.