What was the total number of Apricot Lane outlets at the end of 2024?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 82 | 108 | +26 |
| 2023 | 108 | 112 | +4 | |
| 2024 | 112 | 109 | -3 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 82 | 108 | +26 |
| 2023 | 108 | 112 | +4 | |
| 2024 | 112 | 109 | -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, at the end of 2024, there were a total of 109 outlets. This number reflects a net decrease of 3 outlets during the year. All of these outlets were franchised; Apricot Lane did not operate any company-owned stores during this period.
For a prospective franchisee, this data indicates the overall size and recent trajectory of the Apricot Lane franchise system. The decrease in total outlets suggests potential challenges or market saturation that new franchisees should investigate. Understanding the reasons behind store closures, such as lease expirations, hurricane damage, or franchisee retirements, as detailed elsewhere in the FDD, can provide valuable insights.
It is important to note that while the total number of outlets decreased, 18 new Apricot Lane stores opened during 2024. This suggests that while some franchisees exited the system, others were actively joining or expanding their presence. A detailed review of Item 20 in the FDD, along with discussions with current and former franchisees, is essential to fully understand the dynamics within the Apricot Lane franchise system and assess the risks and opportunities associated with investing in a franchise.