How many Deka Lash outlets were transferred in Michigan during 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Michigan | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 1 |
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 transfer of a Deka Lash outlet in Michigan during 2023. This information is based on data collected by Deka Lash regarding transfers of ownership from existing franchisees to new owners, excluding transfers back to the franchisor.
For a potential franchisee, this data point provides insight into the resale market for Deka Lash franchises. A low number of transfers could indicate franchisee satisfaction and stability within the system. Conversely, a high number might suggest challenges in operating the franchise or a desire among franchisees to exit the business.
It's important to consider this number in the context of the total number of Deka Lash locations in Michigan and nationwide. One transfer out of a small number of locations would represent a higher percentage turnover than one transfer out of many locations. Prospective franchisees should investigate the reasons behind any transfers to fully understand the health and stability of the Deka Lash franchise system in specific markets.