What was the total amount of franchise fees receivable by Apricot Lane at the end of 2023?

According to Apricot Lane's 2025 Franchise Disclosure Document, the total amount of franchise fees receivable by Apricot Lane as of December 31, 2023, was $207,000. This figure represents the amount of franchise fees that Apricot Lane had earned but not yet received in cash at that specific point in time.

This receivable balance can fluctuate depending on the timing of when franchise agreements are signed and when payments are due. It's important to note that while these fees are considered an asset on Apricot Lane's balance sheet, there is always a risk that some portion of these receivables may not be collected.

For a prospective franchisee, understanding the franchisor's financial stability and the collection of franchise fees is crucial. A high level of uncollected franchise fees could indicate potential financial strain on the franchisor, which could impact the support and services they provide to franchisees. Therefore, it is advisable for potential franchisees to inquire about Apricot Lane's historical collection rates and any policies in place to manage outstanding receivables.