What were the estimated royalty fees for Premier Eldorado Inc for Desi District?
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, Premier Eldorado Inc, operating an Eatery & Market, had gross sales of $6,851,280.85. The estimated royalty fees for this location were $274,051.23.
This information is useful for prospective franchisees as it provides insight into the potential royalty fees associated with a Desi District franchise. By examining the gross sales and corresponding royalty fees of existing locations, potential franchisees can gain a better understanding of the financial obligations and potential profitability of their own franchise.
It's important to note that these are just estimated royalty fees based on the gross sales of a specific location. Actual royalty fees may vary depending on the individual franchise agreement and the specific performance of the franchise. Franchisees should carefully review the franchise agreement and conduct their own financial analysis to determine the potential costs and benefits of investing in a Desi District franchise.