In what state were the most Deka Lash outlets transferred 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, Florida had the most outlet transfers in 2023. Specifically, there were four transfers in Florida during that year. This information is based on data collected by Deka Lash regarding the transfers of its franchise locations.
For a prospective franchisee, this data point can be relevant for several reasons. A high number of transfers in a particular state might indicate a more active market for buying and selling franchises. It could also suggest that franchisees in that state are more likely to exit the business, whether due to success, challenges, or other personal reasons. Understanding the reasons behind these transfers could be valuable during the due diligence process.
It is important to note that transfer numbers alone do not tell the whole story. A potential franchisee should investigate the reasons for these transfers, the performance of the transferred outlets under new ownership, and any specific factors in Florida that might influence franchise transfers. This information, combined with other data in the FDD, can provide a more comprehensive understanding of the franchise system's health and stability.