What was the net change in the number of franchised Dermani Medspa outlets during 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, the net change in the number of franchised outlets during 2023 was an increase of 4. Specifically, the number of franchised Dermani Medspa locations grew from 9 at the start of 2023 to 13 by the end of the year.
This information is crucial for potential franchisees as it provides insight into the growth and stability of the Dermani Medspa franchise system. A positive net change suggests that the franchise is expanding and that franchisees are finding success, which can be an encouraging sign for new investors. However, it's important to consider this number in conjunction with other factors, such as the number of new outlets opened and the number of terminations or non-renewals, to get a comprehensive understanding of the franchise's performance.
It is also worth noting that the total number of Dermani Medspa outlets, including both franchised and company-owned, increased by 4 in 2023, from 14 to 18. This indicates overall growth within the Dermani Medspa system. Prospective franchisees should investigate the reasons behind the changes in outlet numbers, such as market demand, franchisee performance, and the franchisor's support system, to assess the potential risks and rewards of investing in a Dermani Medspa franchise.