How many new Deka Lash outlets opened in California during 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| | 2023 | 1 | | Texas | 2021 | 0 | | | 2022 | 2 | | | 2023 | 0 | | Virginia | 2021 | 0 | | | 2022 | 0 | | | 2023 | 1 | | Total | 2021 | 2 | | | 2022 | 8 | | | 2023 | 11 | Table No. 3 Status of Franchised Outlets For Years 2021 to 2023*
| 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 2 new Deka Lash outlets opened in California during 2023. The table provided in Item 20 details the status of franchised outlets from 2021 to 2023, showing the number of outlets at the start of the year, the number opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations, and the number of franchised outlets operating at year-end.
Specifically, for California in 2023, the table indicates that there were 10 outlets at the start of the year and 2 new outlets opened. There were no terminations, non-renewals or re acquisitions. There were 12 franchised outlets operating at the end of 2023.
This information is valuable for potential franchisees as it provides a clear picture of Deka Lash's growth and stability in California. It shows the net increase in the number of outlets, which can be an indicator of the brand's performance and acceptance in the market. Reviewing this data over the three-year period can give a sense of trends in the state.