How many Dermani Medspa franchise agreements in Illinois were not renewed in 2024?
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 zero franchise agreements not renewed in Illinois during the 2024 fiscal year. The provided table in Item 20 outlines the status of franchised outlets from 2022 to 2024, showing that in Illinois for 2024, there were zero terminations and zero non-renewals. At the start of 2024 there was one outlet, none opened during the year, and one at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and health of the Dermani Medspa franchise system within Illinois. A high number of non-renewals could indicate issues with franchisee satisfaction or profitability, while a low number, as is the case here, suggests a stable franchise network.
Prospective franchisees should still conduct their own due diligence, including speaking with current and former franchisees, to gain a comprehensive understanding of the franchise system. While the FDD provides valuable data, direct conversations can offer qualitative insights into the franchisor-franchisee relationship and overall business experience.