How many Deka Lash outlets were sold to franchisees in South Carolina during 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 | Opened | Reacq |
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, two existing outlets in South Carolina were sold to franchisees during 2023. The FDD specifies that these studios were acquired by a franchisee from the franchisor.
This detail is important for prospective franchisees as it clarifies the nature of outlet openings. In this case, the 'Outlets Opened' in South Carolina during 2023 does not represent the establishment of entirely new locations, but rather the transfer of ownership of existing studios from the franchisor to a franchisee. This distinction could impact the initial investment and operational considerations for the franchisee.
It is essential for potential Deka Lash franchisees to understand whether 'Outlets Opened' reflect new locations or transfers of existing ones, as this can influence startup costs, market penetration strategies, and the potential customer base. Further due diligence, including communication with the franchisor, is recommended to clarify these details and assess the specific opportunities available in South Carolina.