How many Deka Lash outlets in Virginia ceased operations for other reasons in 2023?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at | Outlets Opened | Terminations | Non- Renewals | Reacquired By | Ceased Opera- | Franchised Outlets |
|---|---|---|---|---|---|---|---|---|
| Start of Year i cai | Opened | Iteliewais | Franchisor Trancinsor | tions- Other Reasons | Operating at Year End | |||
| 2021 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| Ohio | 2022 | 5 | 3 | 0 | 0 | 0 | 0 | 8 |
| 2023 | 8 | 1 | 0 | 0 | 0 | 0 | 9 | |
| 2021 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Oklahoma | 2022 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Oregon | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Ŭ | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 7 | 1 | 0 | 0 | 0 | 0 | 8 | |
| Pennsylvania | 2022 | 8 | 3 | 0 | 0 | 0 | 0 | 11 |
| , | 2023 | 11 | 0 | 0 | 0 | 0 | 1 | 10 |
| 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| South Carolina | 2022 | 3 | 0 | 0 | 0 | 2 | 0 | 1 |
| Court Carolina | 2023** | 1 | 2 | 0 | 0 | 0 | 0 | 3 |
| 2021 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Tennessee | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2021 | 5 | 5 | 0 | 0 | 0 | 0 | 10 | |
| Texas | 2022 | 10 | 3 | 0 | 0 | 1 | 0 | 12 |
| 2023 | 12 | 3 | 1 | 0 | 0 | 2 | 12 | |
| 2021 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | |
| Utah | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2021 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| Virginia | 2022 | 4 | 1 | 0 | 0 | 0 | 0 | 5 |
| 3 | 2023 | 5 | 0 | 0 | 0 | 0 | 1 | 4 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Washington | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| J | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| West Virginia | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| vvest viigiilia | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 90 | 15 | 0 | 0 | 1 | 1 | 103 | |
| Total | 2022 | 103 | 26 | 0 | 0 | 3 | 3 | 123 |
| 2023 | 123 | 23 | 1 outlet this tak | 0 - | 1 | 14 | 130 |
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, one Deka Lash location in Virginia ceased operations for other reasons during 2023. This information is crucial for potential franchisees to understand the stability and risks associated with operating a Deka Lash franchise in Virginia.
The data provided in Item 20 of the FDD offers transparency regarding the performance and changes within the Deka Lash franchise system. By examining the number of closures, prospective franchisees can assess the potential challenges and market conditions in specific states. This insight allows for a more informed decision-making process, enabling them to evaluate the risks and opportunities associated with investing in a Deka Lash franchise.
It is important to note that 'ceased operations for other reasons' can encompass a variety of factors, such as financial difficulties, management issues, or failure to meet brand standards. While one closure in Virginia may not necessarily indicate a systemic problem, it is advisable for potential franchisees to conduct further due diligence and speak with current and former franchisees to gain a deeper understanding of the reasons behind such closures and the overall health of the Deka Lash franchise system in that region.