How many Dermani Medspa franchised outlets were operating in Illinois at the start of 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 franchised outlets operating in Illinois at the start of 2023. The provided table detailing the status of franchised outlets from 2022 to 2024 indicates that in 2022, there were zero outlets in Illinois. In 2023, at the start of the year, there were still zero outlets, and by the end of 2023, one outlet had opened. By 2024, at the start of the year, there was one outlet, which remained constant through the end of 2024.
This information is crucial for potential franchisees in Illinois as it provides insight into the brand's existing presence and growth trajectory in the state. The fact that there were no Dermani Medspa franchises in Illinois at the beginning of 2023, but one opened during that year, suggests a recent expansion into the Illinois market. This could represent an opportunity for early entrants to establish a strong foothold.
Prospective franchisees should further investigate the reasons behind the recent entry into the Illinois market. Understanding the market dynamics, demand, and competitive landscape will be essential for making an informed investment decision. Additionally, it would be beneficial to inquire about the performance of the existing outlet in Illinois to gauge its success and potential for future growth.