How many Deka Lash outlets were transferred in North Carolina during 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| California | 2021 | 0 |
| 2022 | 1 | |
| 2023 | 1 | |
| Colorado | 2021 | 1 |
| 2022 | 0 | |
| 2023 | 0 | |
| Florida | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 4 | |
| Georgia | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 1 | |
| Massachusetts | 2021 | 0 |
| 2022 | 1 | |
| 2023 | 0 | |
| Michigan | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 1 | |
| Minnesota | 2021 | 0 |
| 2022 | 1 | |
| 2023 | 0 |
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 no transfers of Deka Lash outlets in North Carolina during 2023. This means that no existing franchise locations in North Carolina were sold to new owners during that year.
For a potential franchisee, this information provides insight into the stability and desirability of existing Deka Lash franchises in North Carolina. A low number of transfers could indicate that franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a high number of transfers might raise concerns about the profitability or operational challenges of Deka Lash franchises in that state.
It's important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Deka Lash itself or closed for other reasons. Reviewing the overall number of outlet closures and openings in North Carolina alongside transfer data can provide a more comprehensive understanding of the franchise's health in the region. A prospective franchisee should also speak with current and former franchisees in North Carolina to gather more qualitative information about their experiences.