In which states did Apricot Lane have franchise transfers in 2024?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| AZ | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| IL | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 0 | |
| LA | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| NE | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| MT | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| TX | 2022 | 2 |
| 2023 | 0 | |
| 2024 | 0 | |
| VA | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
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 were a total of 4 franchise transfers in 2024. The states that had franchise transfers in 2024 were Arizona, Louisiana, Nebraska, and Montana. Each of these states had one transfer respectively.
For a prospective franchisee, franchise transfers can be an important indicator of the health and stability of the franchise system. A high number of transfers could indicate that franchisees are struggling or that there are issues with the brand. Conversely, a low number of transfers, as is the case with Apricot Lane, could be a sign that franchisees are generally satisfied with their businesses.
It is important to note that the data provided only reflects transfers that occurred and were recorded by December 31, 2024. Any transfers that occurred after this date would not be included in these figures. Prospective franchisees should also consider the reasons behind any transfers, as they could be due to a variety of factors, such as retirement, health issues, or a change in personal circumstances.