What was the net change in the number of franchised Apricot Lane outlets during 2023?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 82 | 108 | +26 |
| 2023 | 108 | 112 | +4 | |
| 2024 | 112 | 109 | -3 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 82 | 108 | +26 |
| 2023 | 108 | 112 | +4 | |
| 2024 | 112 | 109 | -3 |
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, the net change in the number of franchised outlets during 2023 was an increase of 4. This indicates that Apricot Lane added more franchised locations than it lost during that year.
The FDD provides a table that summarizes the changes in both franchised and company-owned outlets over the past three years. For franchised locations, the number of outlets at the start of 2023 was 108, and by the end of the year, it had increased to 112. This net change of +4 reflects the overall growth of the Apricot Lane franchise system.
Potential franchisees should consider this data in the context of other information in the FDD, such as the number of franchise agreements signed but outlets not yet opened, and the number of projected new franchised outlets. Reviewing trends in outlet growth, closures, and transfers can provide a more comprehensive understanding of the health and stability of the Apricot Lane franchise system.