How many Deka Lash franchised outlets were operating at the end of 2021?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 90 | 103 | +13 |
| 2022 | 103 | 123 | +20 | |
| 2023 | 123 | 130 | +7 | |
| Company-Owned* | 2021 | 6 | 5 | -1 |
| 2022 | 5 | 6 | +1 | |
| 2023 | 6 | 0 | -6 | |
| Total Outlets | 2021 | 96 | 108 | +12 |
| 2022 | 108 | 129 | +21 | |
| 2023 | 129 | 130 | +1 |
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, there were 103 franchised outlets operating at the end of 2021. At the start of 2021, there were 90 franchised outlets. During that year, the Deka Lash franchise system experienced a net increase of 13 franchised outlets.
It is important to note that this number reflects the total number of franchised locations, and does not reflect information regarding the performance of individual locations. Prospective franchisees should consider this growth when evaluating the potential of the Deka Lash franchise system. They should also inquire about the factors contributing to this growth and how Deka Lash supports its franchisees in establishing and maintaining successful businesses.
Understanding the historical growth and changes in the number of franchised outlets can help potential franchisees assess the stability and expansion of the Deka Lash franchise system. Reviewing the number of company-owned stores and their changes can also provide insight into the company's overall strategy. This data, combined with further due diligence, can help prospective franchisees make an informed decision.