What was the total number of Deka Lash outlet transfers in 2022?
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 a total of 3 outlet transfers in 2022. These transfers occurred in California (1), Massachusetts (1), and Minnesota (1).
This information is relevant for prospective franchisees as it provides insight into the stability and desirability of existing Deka Lash locations. A higher number of transfers might indicate franchisees seeking to exit the business, while a lower number could suggest satisfaction among current owners. Understanding the reasons behind these transfers, if possible, could further inform a potential franchisee's decision-making process.
It's important to note that this data only reflects transfers from franchisees to new owners, excluding any re acquisitions by Deka Lash itself. Reviewing transfer trends over multiple years, as presented in the table, offers a more comprehensive view of franchisee transitions within the Deka Lash system.