How many Deka Lash outlets were opened in Georgia during 2022?
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 Yea |
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 was one outlet opened in Georgia during 2022. The table provided in Item 20 of the FDD details the status of franchised outlets from 2021 to 2023.
Specifically, the table shows that at the start of 2022, there were 8 Deka Lash outlets operating in Georgia. During 2022, one new outlet was opened. There were no terminations, non-renewals, re acquisitions by the franchisor or other reasons for ceased operations. At the end of 2022, there were 9 franchised Deka Lash outlets operating in Georgia.
This information is valuable for prospective franchisees as it provides insight into the growth and stability of Deka Lash in Georgia. The data helps potential franchisees assess the brand's performance and market penetration in the state. Reviewing this type of data over multiple years can reveal trends and inform investment decisions.