What were the estimated royalty fees for Desi District Plano?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
| Company Owned Location | Gross Sales | Type of Franchise |
|---|---|---|
| Desi District LLC | $7,526,994.07 | Eatery & Market |
| Estimated Royalty Fees | $301,079.76 | |
| Premier Meat Bazaar 423 Inc | $2,050,736.60 | Eatery |
| Estimated Royalty Fees | $82,029.46 | |
| Desi District Plano | $545,663.83 | Eatery |
| Estimated Royalty Fees | $21,826.55 | |
| Premier Eldorado Inc | $6,851,280.85 | Eatery & Market |
| Estimated Royalty Fees | $274,051.23 | |
| Desi Eats LLC | $2,567,600.44 | Eatery & Market |
| Estimated Royalty Fees | $102,704.02 |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 44–48)
What This Means (2024 FDD)
According to Desi District's 2024 Franchise Disclosure Document, the estimated royalty fees for the Desi District Plano location were $21,826.55. This figure is based on gross sales of $545,663.83 for that specific location.
It's important to note that this is just an estimate based on past performance. Actual royalty fees for a franchised Desi District location will depend on the specific franchise agreement and the actual gross sales achieved by that location. Prospective franchisees should carefully review the franchise agreement and consider their own sales projections when evaluating the potential royalty obligations.
Understanding how royalty fees are calculated is crucial for assessing the financial viability of a Desi District franchise. While this document provides an estimate for one specific location, franchisees should inquire about the standard royalty fee structure and how it applies to their individual circumstances.