How many Deka Lash outlets were operating in Tennessee at the start of 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
sup>In 2023, two studios in South Carolina were acquired by a franchisee from the franchisor and reflected as Outlets Opened in this table.
Table No. 4 Status of Company-Owned Outlets** For Years 2021 to 2023
| State | Year | Outlets | Outlets | Outlets | Outlets | Outlets Sold | Outlets |
|---|---|---|---|---|---|---|---|
| at 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 zero stores operating in Tennessee at the start of 2023. The provided table in Item 20 includes information about the number of outlets at the start of the year, opened during the year, reacquired from franchisees, closed during the year, sold to franchisees, and the number of outlets at the end of the year for the years 2021, 2022, and 2023.
Specifically, for Tennessee, the table shows the number of outlets at the start of 2021 was 1, which then changed to 0 at the start of 2022, and remained at 0 at the start of 2023. There were no outlets opened, reacquired, or closed during these years.
This information is valuable for potential franchisees as it provides a historical overview of the brand's presence and performance in specific states. It is important to note that past performance does not guarantee future results, but it can offer insights into the brand's growth trajectory and stability in different markets.