How many Deka Lash franchises in Kentucky were reacquired by the franchisor 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 franchises in Kentucky reacquired by the franchisor in 2021. The provided table in Item 20 outlines the franchise activity from 2021 to 2023. This table includes details on outlets at the start of the year, outlets opened, terminations, non-renewals, reacquired franchises, ceased operations, and the number of franchised outlets operating at year-end.
Specifically, for Kentucky in 2021, the table shows 2 franchised outlets operating at the start of the year. During 2021, there were no outlets opened, no terminations, no non-renewals, and no franchises reacquired by Deka Lash. Consequently, there were no ceased operations, and 2 franchised outlets remained operating at the end of the year.
This data indicates stability in the Kentucky market for Deka Lash during that period, with no franchise failures or changes in ownership back to the franchisor. For a prospective franchisee, this suggests a potentially stable market, although further investigation into the performance and profitability of those existing Kentucky locations would be prudent.