How many Deka Lash franchises in Illinois were terminated in 2021?
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 no terminations of Deka Lash franchises in Illinois during 2021. The provided table outlines the status of franchised outlets from 2021 to 2023, showing that in 2021, there were 8 franchised outlets operating in Illinois at the start of the year, none opened, and none terminated, with 8 franchised outlets operating at year end.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Deka Lash franchises in specific locations. A history of terminations could indicate underlying issues with the franchise system or market conditions in that area. The absence of terminations in Illinois for 2021 suggests a stable franchise environment during that period.
It is important to note that this data only reflects terminations and does not account for other forms of franchise exits, such as non-renewals or transfers. Reviewing the complete franchise outlet history, including openings, closures for other reasons, and transfers, provides a more comprehensive understanding of franchise performance. Additionally, prospective franchisees should speak with current and former franchisees to gain firsthand perspectives on their experiences with Deka Lash.