How many Apricot Lane outlets opened in North Dakota during 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 outlet opened in North Dakota during 2024. At the start of 2024, there were no outlets, and by the end of the year, there was one.
This information is valuable for potential franchisees as it provides insight into the brand's growth and presence in specific states. Observing the number of openings, terminations, and closures can help a franchisee assess the stability and potential of the Apricot Lane franchise in a particular region.
It's important to note that past performance doesn't guarantee future results. Prospective franchisees should further investigate the reasons behind outlet openings, closures, or non-renewals to gain a deeper understanding of the market dynamics and challenges in each state.