As of December 31, 2023, how many franchised Deka Lash locations were open?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
Here we set forth a historic representation of our franchise studio locations that were open and in operation for at least 12 months as of December 31, 2023. We had 130 open franchised locations as of December 31, 2023, 109 of which were open and in operation for 12 months or more as of December 31, 2023, and which are included in the table below.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 55–57)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, as of December 31, 2023, there were 130 open franchised locations. Of these, 109 had been open and operating for at least 12 months. The financial performance representation in the FDD is based on the 109 locations that were open for at least 12 months as of that date.
This information is important for prospective franchisees as it provides a snapshot of the brand's footprint and maturity. Knowing the total number of open locations gives an idea of Deka Lash's overall market presence. The subset of locations open for at least 12 months is particularly relevant because their performance data is used in the financial performance representations, offering insights into potential revenue generation.
It is important to note that the financial performance data presented in Item 19 of the FDD is based only on those studios open for at least a year. New franchisees should recognize that initial performance may vary as they build their customer base and establish their business. The FDD also states that individual results may differ, and there is no assurance that a franchisee will earn as much as the figures presented. Prospective franchisees should carefully review the complete Item 19 and consider these factors when evaluating the potential of a Deka Lash franchise.