On what page of the Apricot Lane FDD is the section regarding non-renewal located?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
C. Non-renewal
FRANCHISOR may refuse renewal if any of the conditions necessary to renewal under Section 3.B above are not satisfied. FRANCHISOR shall give FRANCHISEE written notice of its election not to renew the franchise three (3) months prior to the expiration of the initial term of this Agreement or any renewal term or at any time thereafter when it appears any of these
conditions have not been or will not be satisfied. Such notice shall specify the reasons for nonrenewal.
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to the 2025 Apricot Lane Franchise Disclosure Document, the section regarding non-renewal can be found on page 96. The document outlines the conditions under which Apricot Lane may refuse to renew a franchise agreement.
Apricot Lane may refuse renewal if the franchisee does not meet the conditions necessary for renewal as outlined in Section 3.B of the agreement. The franchisee will receive written notice of non-renewal three months before the end of the initial term or any renewal term. This notice will include the specific reasons for non-renewal.
This information is important for potential franchisees as it clarifies the circumstances that could lead to Apricot Lane not renewing their franchise agreement. Franchisees should carefully review Section 3.B to understand the conditions they must meet to ensure renewal and maintain their franchise.