How many Apricot Lane outlets in Massachusetts did not renew their franchise agreement 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 0 | 1 | 0 | 0 | 0 | 1 |
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 non-renewals of franchise agreements in Massachusetts during 2024. The table provided in Item 20 includes data on outlet status by state and year, showing zero non-renewals for Massachusetts in 2024. This suggests that all Apricot Lane franchisees in Massachusetts who had agreements up for renewal chose to continue their franchise operations.
For a prospective franchisee, this information indicates the recent stability of Apricot Lane franchises in Massachusetts. It's important to note that this data reflects only a single year, and potential franchisees should investigate longer-term trends and speak with existing franchisees to gain a comprehensive understanding of franchise relationships and renewal rates.
While the absence of non-renewals in 2024 is a positive sign, franchisees should also consider other factors that could impact their investment, such as terminations or closures for other reasons. Reviewing the complete franchise history and understanding the local market conditions in Massachusetts is crucial for making an informed decision about investing in an Apricot Lane franchise.