How many Apricot Lane outlets were operating in South Dakota at the end of 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, there was 1 outlet operating in South Dakota at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets in each state for the years 2022, 2023, and 2024. These figures include information on outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is useful in assessing the brand's presence and performance in specific geographic areas. The data can help in understanding market saturation, growth trends, and the stability of existing franchises. It is important to note that past performance is not necessarily indicative of future results, but the data provides a factual basis for further investigation and due diligence.
The table shows that in South Dakota, the number of Apricot Lane outlets remained constant at 1 for the years 2022, 2023 and 2024. No outlets were opened, terminated, or non-renewed during this period. This could indicate a stable but limited market presence for Apricot Lane in South Dakota. A potential franchisee should investigate the reasons behind the lack of growth and assess the market potential in that state.
Overall, the data presented in Item 20 offers valuable insights into the dynamics of the Apricot Lane franchise system across different states. Reviewing this information carefully is a crucial step for anyone considering investing in an Apricot Lane franchise.