How many Deka Lash outlets were operating in Illinois at the start of 2022?
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, there were 8 outlets operating in Illinois at the start of 2022. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of franchised outlets operating at year end.
For a prospective franchisee, this data indicates the existing market presence of Deka Lash in Illinois at that time. It shows the number of established locations they would be competing with or potentially benefiting from in terms of brand recognition. The table also shows that no additional locations were opened in 2022, and one location ceased operations, resulting in 7 operating locations at the end of 2022.
It is important to note that while the document provides historical data on outlet numbers, it does not guarantee future performance or growth in Illinois. A prospective franchisee should conduct their own market research to assess the current demand for eyelash extension services and the competitive landscape in their specific target area within Illinois. They should also inquire with Deka Lash about their current expansion plans for the state.