How many Deka Lash outlets were transferred in Texas during 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2021 | 0 |
| 2022 | 2 | |
| 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 zero outlet transfers in Texas during 2023. The provided table, titled "Transfers of Outlets from Franchisees to New Owners (Other than the Franchisor) For Years 2021 to 2023," details the number of outlet transfers that occurred across various states.
Specifically, the table shows that in 2023, there were a total of 11 outlet transfers across all states. However, when looking at Texas, the number of transfers is listed as 0 for the year 2023. This indicates that no existing Deka Lash franchises in Texas were sold or transferred to new owners during that year.
This information is relevant for prospective franchisees as it provides insight into the stability and turnover of Deka Lash franchises in specific regions. A high number of transfers might indicate issues with franchise profitability or franchisee satisfaction, while a low number, as seen in Texas for 2023, could suggest a more stable franchise environment. However, it is important to consider this data in conjunction with other factors, such as the number of new outlets opened and the overall performance of Deka Lash franchises in Texas.