What was the total number of Apricot Lane outlets operating in Indiana at the end of 2024?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| IN | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
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 2 stores operating in Indiana at the end of 2024. The table provided in Item 20 of the FDD details the store counts by state for the years 2022, 2023, and 2024. This includes the number of outlets at the start of each 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.
For a prospective franchisee, this information is useful in understanding the brand's presence and performance in specific states. The data can help assess the growth and stability of Apricot Lane in Indiana. It also provides insight into factors that may have influenced outlet numbers, such as terminations or store openings.
Reviewing the complete Item 20 and Exhibit C (list of franchisees as of December 31, 2024) in the FDD would give a prospective franchisee a more comprehensive understanding of the Apricot Lane franchise system. This includes the names and contact information of current franchisees, which can be valuable for networking and gathering firsthand insights.