How many Deka Lash outlets were operating in North Carolina at the end of 2023?
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 | - | F |
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 5 franchised outlets operating in North Carolina at the end of 2023. The table provided in Item 20 of the FDD details the status of franchised outlets for the years 2021 to 2023, showing the number of outlets at the start of the year, 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 the end of the year.
For a prospective franchisee, this information is useful in understanding the growth and stability of the Deka Lash brand in North Carolina. The data indicates the brand has an established presence in the state. Reviewing the changes in outlet numbers—openings, closures, and re acquisitions—can provide insights into the market dynamics and potential challenges or opportunities in the region.
It is important to note that while the table provides a snapshot of outlet activity, it does not offer specific reasons for terminations or closures. Further due diligence, such as speaking with current and former franchisees, is advisable to gain a more comprehensive understanding of the factors influencing outlet performance in North Carolina. Additionally, the FDD includes exhibits listing current and former franchisees, which can be valuable resources for gathering firsthand information.