How many Deka Lash outlets were transferred in Virginia 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 Virginia during 2023. The provided table outlines the number of transfers of outlets from franchisees to new owners for the years 2021 to 2023.
This information is relevant for prospective franchisees as it provides insight into the stability and desirability of existing Deka Lash locations. A high number of transfers might indicate challenges in maintaining successful franchise operations, while a low number, as is the case in Virginia, could suggest stability within the market.
It is 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 or ceased operations for other reasons. Reviewing the overall number of outlet transfers, terminations, and closures can provide a more comprehensive understanding of the franchise's health and franchisee satisfaction.