How many Dermani Medspa franchise agreements in Georgia were terminated in 2023?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
3 | 0 | | | 2024 | 0 |
Table 3 Status of Franchised Outlets For years 2022 to 2024
| State | Year | Number of Transfers | |||||
|---|---|---|---|---|---|---|---|
| Total | 2022 | 0 | |||||
| 2023 | 0 | ||||||
| 2024 | 0 | ||||||
| State | Year | Outlets at Start of Year | Outlets Opened | Termi- nations | Non- Renewals | Reacquire d by Franchisor | Ceased Operations Other Re |
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, there were no franchise agreement terminations in Georgia during 2023. The provided table tracks the status of franchised outlets from 2022 to 2024, specifically noting terminations.
The table shows that in 2023, there were 8 Dermani Medspa outlets at the start of the year in Georgia, with 1 outlet opening during the year. There were zero terminations, non-renewals, re acquisitions by the franchisor or other reasons for ceasing operations. This resulted in 9 outlets at the end of 2023.
This information is crucial for potential franchisees as it provides insight into the stability and success rate of Dermani Medspa franchises in Georgia. A history of terminations could signal potential issues with the franchise system, franchisee support, or market conditions. The absence of terminations in 2023 suggests a stable franchise environment in Georgia during that period.