How many company-owned Dermani Medspa outlets were there at the beginning of 2023?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 5 | 9 | +4 | |
| Franchised | 2023 | 9 | 13 | +4 |
| 2024 | 13 | 22 | 9 | |
| 2022 | 6 | 5 | -1 | |
| Company-Owned | 2023 | 5 | 5 | 0 |
| 2024 | 5 | 5 | 0 | |
| 2022 | 11 | 14 | +3 | |
| Total | 2023 | 14 | 18 | +4 |
| 2024 | 18 | 27 | 9 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 61–66)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, at the start of 2023, there were 5 company-owned outlets. This number remained constant throughout 2023, with no new company-owned outlets opened, reacquired, or closed during that year. By the end of 2023, Dermani Medspa still had 5 company-owned locations.
This information is crucial for potential franchisees as it provides insight into the stability and growth of company-owned versus franchised locations. The fact that the number of company-owned locations remained the same in 2023, while the number of franchised locations increased, may indicate a strategic focus on expanding through franchising rather than direct company investment.
Prospective franchisees should consider this information in the context of the overall franchise strategy. Understanding the balance between company-owned and franchised locations can help assess the franchisor's commitment to the brand and the support franchisees might expect. It is also worth exploring the reasons behind the lack of change in company-owned locations and whether this trend is expected to continue.