How many Apricot Lane outlets in New Hampshire were terminated in 2024?
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 Apricot Lane franchise in New Hampshire was terminated in 2024. The table provides a year-by-year breakdown of outlet status changes.
For a prospective franchisee, this data indicates the stability and turnover rate of Apricot Lane franchises in specific states. A termination means that the franchise agreement was ended, which could be due to various reasons such as failure to meet performance standards, breach of contract, or mutual agreement.
It is important to note that while one franchise was terminated in New Hampshire, this does not necessarily indicate a problem with the market itself. Other factors, such as the franchisee's management skills or local economic conditions, could have contributed to the termination. Reviewing the reasons for terminations and non-renewals can provide valuable insights into the challenges and opportunities within the Apricot Lane franchise system.
Prospective franchisees should investigate the reasons behind terminations and non-renewals to assess the overall health and stability of the Apricot Lane franchise system. They should also consider the number of outlets opened versus those that ceased operations to gauge the growth and sustainability of the franchise in different regions.