What was the total number of Apricot Lane outlets opened during 2022?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchised 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 | 0 | 0 | 0 | 0 | 0 | 3 | |
| AK | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| AR | 2022 | 0 | 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 35 outlets opened in 2022. This number is derived from the table that provides a breakdown of outlet activity by state. The table includes the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
Specifically, the 'TOTAL' row in the table shows that across all states, Apricot Lane had 82 outlets at the start of 2022 and ended the year with 108 outlets. During this period, 35 new outlets were opened. This indicates a significant expansion of the franchise network during that year.
Prospective franchisees can use this information to understand the growth and activity of the Apricot Lane franchise system. It's important to note that while 35 outlets opened, other factors such as terminations and non-renewals also play a role in the net change of outlets. Reviewing these trends over multiple years, as presented in the FDD, can provide a more comprehensive understanding of the franchise's stability and growth potential.