In what year did Apricot Lane have one franchise transfer in Montana?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
the Franchisor) For the Fiscal Years of 2022, 2023 and 2024**
| State | Year | Number of Transfers |
|---|---|---|
| AZ | 2022 | 0 |
| 2023 | 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 was one franchise transfer in Montana during 2024. This information is based on the transfer of outlets from franchisees to new owners, excluding transfers back to Apricot Lane itself.
Franchise transfers can occur for various reasons, such as a franchisee deciding to sell their business, retire, or pursue other opportunities. The number of transfers can be an indicator of the stability and desirability of the franchise system. A low number of transfers might suggest that franchisees are generally satisfied with their businesses, while a high number could signal potential issues within the system.
Prospective franchisees should consider the number of transfers in specific states as part of their due diligence. Understanding the reasons behind these transfers can provide valuable insights into the challenges and opportunities associated with owning an Apricot Lane franchise in a particular location. It is important to note that this data reflects transfers up to the end of 2024, and more recent transfers may not be included.