In 2023, how many Deka Lash outlets ceased operations for other reasons?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at | Outlets Opened | Terminations | Non- Renewals | Reacquired By | Ceased Opera- | Franchised Outlets |
|---|---|---|---|---|---|---|---|---|
| Start of Year i cai | Opened | Iteliewais | Franchisor Trancinsor | tions- Other Reasons | Operating at Year End | |||
| 2021 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| Ohio | 2022 | 5 | 3 | 0 | 0 | 0 | 0 | 8 |
| 2023 | 8 | 1 | 0 | 0 | 0 | 0 | 9 | |
| 2021 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Oklahoma | 2022 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Oregon | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Ŭ | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 7 | 1 | 0 | 0 | 0 | 0 | 8 | |
| Pennsylvania | 2022 | 8 | 3 | 0 | 0 | 0 | 0 | 11 |
| , | 2023 | 11 | 0 | 0 | 0 | 0 | 1 | 10 |
| 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| South Carolina | 2022 | 3 | 0 | 0 | 0 | 2 | 0 | 1 |
| Court Carolina | 2023** | 1 | 2 | 0 | 0 | 0 | 0 | 3 |
| 2021 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Tennessee | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2021 | 5 | 5 | 0 | 0 | 0 | 0 | 10 | |
| Texas | 2022 | 10 | 3 | 0 | 0 | 1 | 0 | 12 |
| 2023 | 12 | 3 | 1 | 0 | 0 | 2 | 12 | |
| 2021 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | |
| Utah | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2021 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| Virginia | 2022 | 4 | 1 | 0 | 0 | 0 | 0 | 5 |
| 3 | 2023 | 5 | 0 | 0 | 0 | 0 | 1 | 4 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Washington | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| J | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| West Virginia | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| vvest viigiilia | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 90 | 15 | 0 | 0 | 1 | 1 | 103 | |
| Total | 2022 | 103 | 26 | 0 | 0 | 3 | 3 | 123 |
| 2023 | 123 | 23 | 1 outlet this tak | 0 - | 1 | 14 | 130 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 57–62)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, in 2023, 14 outlets ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor.
Specifically, the data is broken down by state, showing the changes in outlet status over the years. For example, in Colorado, 3 outlets ceased operations for other reasons, while in Nebraska, New Jersey, New York, Pennsylvania, Virginia and Washington each had 1 outlet cease operations for other reasons.
This information is crucial for potential franchisees as it provides insight into the stability and potential risks associated with owning a Deka Lash franchise. A high number of closures for 'other reasons' might warrant further investigation into the specific challenges faced by franchisees in those locations. It is important to note that 'other reasons' is a broad category, and could include a variety of factors, such as underperformance, relocation, or disputes between partners.