How many Apricot Lane outlets in Nebraska did not renew in 2022?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchised Outlets For the Fiscal Years of 2022, 2023 and 2024**
| 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 | |
| AK | 2022 | 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, one outlet in Nebraska did not renew its franchise agreement in 2022. The table provided in Item 20 of the FDD outlines outlet data, including non-renewals, for the past three years. This information is crucial for potential franchisees to understand the stability and turnover of Apricot Lane franchises in specific states.
For a prospective Apricot Lane franchisee, this data indicates the rate at which franchise agreements are not being renewed. A high number of non-renewals could signal issues with the franchise system, such as profitability challenges or dissatisfaction among franchisees. Conversely, a low number of non-renewals, as seen in Nebraska for 2023 and 2024, suggests that franchisees are generally satisfied with their investment and the support provided by Apricot Lane.
It's important to note that non-renewals are just one factor to consider when evaluating a franchise opportunity. Other factors, such as terminations and reacquired franchises, also provide insights into the health and stability of the franchise system. Reviewing these figures in conjunction with discussions with current and former franchisees can offer a more comprehensive understanding of the potential risks and rewards of investing in an Apricot Lane franchise.
Prospective franchisees should investigate the reasons behind non-renewals to assess whether these issues are specific to certain locations or indicative of broader systemic problems within Apricot Lane. Understanding these trends can help in making an informed decision about investing in the franchise.