How many franchised Deka Lash outlets were operating in Illinois at the end of 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
orida | 2022 | 8 | 2 | 0 | 0 | 0 | 1 | 9 | | | 2023 | 9 | 3 | 0 | 0 | 0 | 0 | 12 | | | 2021 | 8 | 0 | 0 | 0 | 0 | 0 | 8 | | Georgia | 2022 | 8 | 1 | 0 | 0 | 0 | 0 | 9 | | | 2023 | 9 | 3 | 0 | 0 | 0 | 1 | 11 |
| State | Year | Outlets | Outlets | Terminations | Non- | Reacquired | Ceased | Franchised |
|---|---|---|---|---|---|---|---|---|
| at | Opened | Renewals | By | Opera- | Outlets | |||
| Start of Year |
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 6 franchised outlets operating in Illinois at the end of 2023. The provided table tracks the number of franchised Deka Lash outlets in each state over a three-year period.
In 2021, there were 8 Deka Lash franchised outlets in Illinois. This number remained constant until 2022, when one outlet ceased operations for other reasons, reducing the total to 7. By the end of 2023, another outlet ceased operations, bringing the total number of franchised Deka Lash outlets in Illinois down to 6.
It is important to note the reasons for outlet closures, as this could indicate potential challenges or market saturation in the area. Prospective franchisees should inquire about the reasons for the ceased operations to better understand the market dynamics in Illinois and assess the risks and opportunities associated with opening a Deka Lash franchise in that state.