What was the total number of Deka Lash outlets at the start of 2022?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 90 | 103 | +13 |
| 2022 | 103 | 123 | +20 | |
| 2023 | 123 | 130 | +7 | |
| Company-Owned* | 2021 | 6 | 5 | -1 |
| 2022 | 5 | 6 | +1 | |
| 2023 | 6 | 0 | -6 | |
| Total Outlets | 2021 | 96 | 108 | +12 |
| 2022 | 108 | 129 | +21 | |
| 2023 | 129 | 130 | +1 |
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, at the start of 2022, there were a total of 108 Deka Lash outlets. This number includes both franchised and company-owned locations. Specifically, there were 103 franchised outlets and 5 company-owned outlets at the beginning of 2022.
For a prospective franchisee, this indicates the size and composition of the Deka Lash network at that time. It shows the relative proportion of franchised versus company-owned locations, which can provide insights into the company's franchising strategy.
It's also important to note the net change in outlets during 2022. The total number of Deka Lash outlets increased by 21 during that year, with franchised locations increasing by 20 and company-owned locations increasing by 1. This growth trend can be an encouraging sign for potential franchisees, suggesting the brand is expanding. However, it is important to review more recent data to understand current growth trends.
Reviewing the number of outlets at the start of the year, the end of the year, and the net change can help a prospective franchisee understand the growth and stability of the Deka Lash franchise system.