As of the end of the last fiscal year, how many Desi District franchisees were operating?

According to Desi District's 2024 Franchise Disclosure Document, there were no operating franchised outlets as of the end of the last fiscal year, 2023. While the company had 5 company-owned outlets in Texas at the end of 2023, the tables outlining the status of franchised outlets indicate zero franchised locations operating from 2021 through 2023.

Exhibit H of the FDD confirms that there were no current franchisees as of the end of the last fiscal year. This is further supported by the statement that Desi District did not have any multi-unit developers at the close of the last fiscal year.

For a prospective franchisee, this indicates that Desi District is a relatively new franchise system or is primarily focused on company-owned operations. It is important to investigate why there are no current franchisees and to understand the franchisor's strategy for franchise growth. This may represent an opportunity to be among the first franchisees in a new market, but it also carries the risk associated with investing in an unproven franchise model.