How many Deka Lash franchised outlets were operating in Ohio at the start of 2022?
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 |
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 5 franchised outlets operating in Ohio at the start of 2022. The table provided in Item 20 of the FDD outlines the status of franchised outlets from 2021 to 2023, offering a year-by-year breakdown of outlet activity in each state. This includes the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of franchised outlets operating at year-end.
For a prospective franchisee, this information is valuable in assessing the brand's presence and growth trajectory in specific regions. The data reveals the net change in outlets, which can indicate the level of expansion or contraction within the Deka Lash franchise system in Ohio.
By examining these trends, potential franchisees can gain insights into the stability and potential market saturation in Ohio. Furthermore, the table does not indicate any terminations, non-renewals or re acquisitions, which could be interpreted as a positive sign of franchisee satisfaction and business viability in Ohio during the period covered.