How many Deka Lash outlets were operating in Idaho at the start of 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 were zero Deka Lash outlets operating in Idaho at the start of 2023. The provided table in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations, and the number of franchised outlets operating at the year's end for various states.
Specifically, for Idaho, the table shows that at the start of 2021, 2022 and 2023 there were no outlets. In 2023, one outlet was opened, and no outlets were terminated, non-renewed, reacquired or ceased operations. At the end of 2023, one franchised outlet was operating in Idaho.
This information is valuable for prospective franchisees as it provides a clear picture of Deka Lash's market penetration and growth in specific states. The absence of existing outlets in Idaho at the beginning of 2023, followed by the opening of one outlet during the year, indicates a recent expansion into the state. This could represent both an opportunity and a challenge for new franchisees, as they would be entering a relatively new market for the brand.