How many Apricot Lane outlets were opened in West Virginia during 2023?
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 was opened in West Virginia during 2023. The table provided in Item 20 of the FDD details the number of outlets opened, terminated, and closed for various reasons across different states and years. At the start of 2023, there was one Apricot Lane outlet in West Virginia. By the end of 2023, the number of outlets increased to two, indicating the opening of one new location during that year.
This information is valuable for potential franchisees as it provides insight into the brand's growth and presence in specific regions. Observing the number of openings and closures can help assess the stability and market penetration of Apricot Lane in different states. For instance, a consistent increase in outlets suggests a growing market and successful franchise operations, while a high number of terminations might raise concerns about the brand's support or market challenges.
Prospective franchisees should also consider these figures in conjunction with other factors, such as local market conditions, competition, and the franchisor's support system. While the data indicates one new store opening in West Virginia during 2023, further research into the performance and sustainability of these outlets would be beneficial. Understanding the reasons behind openings, terminations, or non-renewals can provide a more comprehensive view of the franchise's potential in a specific area.