How many Deka Lash outlets in Oregon were operating at the start of 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | | | 2021 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | | North Carolina | 2022 | 3 | 3 | 0 | 0 | 0 | 0 | 6 | | | 2023 | 6 | 0 | 0 | 0 | 1 | 0 | 5 |
| State | Year | Outlets at | Outlets Opened | Terminations | Non- Renewals | Reacquired By | Ceased Opera- | Franchised Outlets |
|---|---|---|---|---|---|---|---|---|
| Start of Year i cai | Opened | Iteliewais | Franchisor |
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 was one franchised outlet operating in Oregon at the start of 2023. The table provided in Item 20 of the FDD details the status of franchised outlets from 2021 to 2023, showing 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 a prospective franchisee, this information indicates the existing market presence of Deka Lash in Oregon. With only one outlet at the beginning of 2023 and no additional openings or closures during the year, the market could be considered relatively untapped. This could represent an opportunity for a new franchisee to establish a stronger presence in the state.
However, it is also important to consider why there was limited growth in Oregon during this period. A potential franchisee should investigate factors such as market demand, competition, and local economic conditions to assess the viability of opening a Deka Lash studio in Oregon. Further research and due diligence are advised to understand the specific dynamics of the Oregon market and the potential for success.