How many Apricot Lane franchises in Alabama were not renewed 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 zero non-renewals of franchise agreements in Alabama during 2024. The provided table in Item 20 outlines the status of franchises by state and year, showing that for Alabama in 2024, there were 3 outlets at the start of the year, no outlets opened, no terminations, and no non-renewals. This resulted in 3 outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and health of Apricot Lane franchises in specific states. A high number of non-renewals could indicate issues with the franchise system or market conditions in that area, while a low number, as in the case of Alabama, suggests a more stable environment.
Prospective franchisees should consider this data in conjunction with other factors, such as the number of terminations and the reasons for ceased operations, to gain a comprehensive understanding of the risks and opportunities associated with investing in an Apricot Lane franchise in a particular state. It's also important to note that past performance is not necessarily indicative of future results, and further due diligence is always recommended.