How many Apricot Lane outlets in Wisconsin ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor 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 Apricot Lane store in Wisconsin ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2022. At the start of 2022, there were three stores open in Wisconsin. By the end of 2022, there were two stores open.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Apricot Lane franchises in specific locations. Understanding the reasons behind store closures can help a prospective franchisee evaluate the risks and opportunities associated with investing in a particular market.
It's important to note that 'ceased operations for other reasons' can encompass a variety of factors, such as the franchisee's personal circumstances, economic conditions, or other unforeseen events. Reviewing this data in conjunction with other factors, such as the number of terminations and non-renewals, can provide a more comprehensive understanding of the overall health of the Apricot Lane franchise system in Wisconsin.