What was the total number of Apricot Lane outlet transfers in 2022?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
23 | 0 | | | 2024 | 0 | | | | |
| State | Year | Number of Transfers |
|---|---|---|
| WI | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Total | 2022 | 4 |
| 2023 | 2 | |
| 2024 | 4 |
Table No. 3 Status of Franchised Outlets For the Fiscal Years of 2022, 2023 and 2024
| State | Year | Outlets at Start of the Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations For Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| AL | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 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, there were a total of 4 outlet transfers in 2022. The transfers are from franchisees to new owners, excluding transfers to the franchisor. This information is relevant for prospective franchisees as it provides insight into the resale activity within the Apricot Lane franchise system. A higher number of transfers could indicate a more liquid market for existing franchises, but it could also signal potential challenges faced by current franchisees that lead them to sell their businesses.
Specifically, the table provides a breakdown of these transfers by state. In 2022, there were 0 transfers in Arizona, 0 in Illinois, 1 in Louisiana, 0 in Nebraska, 0 in Montana, 2 in Texas, 1 in Virginia, and 0 in Wisconsin. This level of detail can help potential franchisees understand which markets might have more turnover or resale opportunities.
It is important to note that these figures represent transfers to new owners and do not include instances where the Apricot Lane franchisor reacquired the outlet. Reviewing transfer data over multiple years, as provided in the FDD, can give a more comprehensive understanding of the stability and desirability of Apricot Lane franchises.