What was the total amount of franchise fees receivable by Apricot Lane at the end of 2024?

According to Apricot Lane's 2025 Franchise Disclosure Document, the total franchise fees receivable as of December 31, 2024, were $222,000. This figure represents the amount of franchise fees that Apricot Lane had earned but not yet collected at the end of the fiscal year.

This information is relevant for prospective franchisees as it provides insight into Apricot Lane's financial health and revenue recognition practices. Franchise fees are typically a significant source of revenue for franchisors, and the amount of fees receivable can indicate the company's ability to generate and collect these fees.

The FDD also notes that franchise fees totaling $207,000 were receivable at the end of 2023. Reviewing these figures over time can help potential franchisees identify trends and assess the stability of Apricot Lane's revenue stream. Additionally, it's important to note that the recognition of franchise fees as revenue is deferred until the store opens, which is a common accounting practice in the franchise industry.