How many Deka Lash outlets opened in Michigan during 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, in 2021, one Deka Lash outlet opened in Michigan. At the start of 2021, there were two outlets, and after the new opening, there were three franchised outlets operating at the end of the year.
This information is valuable for potential franchisees as it provides insight into the brand's growth and presence in Michigan. The data helps assess market penetration and the potential for further expansion in the state.
Tracking the number of new openings, terminations, and closures gives franchisees a sense of the stability and performance of the franchise system in specific geographic areas. Reviewing this historical data alongside current market analysis can inform a franchisee's decision-making process.