How many Deka Lash outlets opened in Georgia during 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets | Outlets |
|---|---|---|---|
| at | Opened | ||
| Start of Year | · | ||
| 2021 | 8 | 0 | |
| Georgia | 2022 | 8 | 1 |
| 2023 | 9 | 3 |
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 3 Deka Lash outlets opened in Georgia during 2023. The table provided in Item 20 of the FDD details the number of outlets opened, terminated, and operating at the end of the year for each state. This information is crucial for potential franchisees to understand the brand's growth and stability in different markets.
Specifically, the table shows that at the start of 2023, there were 9 Deka Lash locations in Georgia. Throughout 2023, 3 new outlets were opened. However, 1 location ceased operations for other reasons, resulting in 11 franchised outlets operating in Georgia at the end of 2023.
This data gives prospective franchisees insight into the brand's performance and expansion efforts within Georgia. Monitoring the number of openings, terminations, and overall franchised outlets can help franchisees assess the market saturation and potential for success in the state. It's also important to note the reasons for any closures, as this could indicate challenges or opportunities within the market.