How many Deka Lash outlets opened in Idaho during 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets | Outlets | Terminations | Non- | Reacquired | Ceased | Franchised |
|---|---|---|---|---|---|---|---|---|
| at | Opened | Renewals | By | Opera- | Outlets | |||
| Start of Year | - | Franchisor | tions- Other Reasons | Operating at Year End | ||||
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Idaho | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
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 Idaho during 2023. The table provided in Item 20 of the FDD outlines the number of outlets opened in each state for the years 2021, 2022, and 2023. This information is useful for potential franchisees to understand the brand's growth and presence in specific geographic areas.
Specifically, the table shows the progression of Deka Lash franchise locations in Idaho. In 2021, there were no Deka Lash locations. The data indicates that no additional locations opened in 2022, but one location did open in 2023. This detailed breakdown helps prospective franchisees gauge the market penetration and expansion rate of Deka Lash in Idaho.
Reviewing the history of franchise openings and closures can be a valuable part of the due diligence process. While one new location opened in Idaho during 2023, prospective franchisees should further investigate the performance and sustainability of these locations. Understanding the factors that contribute to the success or failure of existing Deka Lash franchises in similar markets can inform a franchisee's business plan and investment decisions.