What were the estimated royalty fees for Premier Meat Bazaar 423 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 Meat Bazaar 423 Inc, an Eatery type of franchise, had gross sales of $2,050,736.60. The estimated royalty fees for this location were $82,029.46.
It is important to note that these are estimated royalty fees based on the gross sales reported for the specified period. Actual royalty fees may vary depending on the specific terms outlined in the franchise agreement and the actual sales achieved by the franchisee. Prospective franchisees should carefully review the franchise agreement and related documents to understand how royalty fees are calculated and when they are due.
Understanding the basis for royalty fee calculation is crucial for assessing the financial viability of a Desi District franchise. Franchisees should also inquire about any potential changes to the royalty fee structure and how these changes could impact their profitability. Consulting with a financial advisor is recommended to fully understand the financial obligations associated with owning a Desi District franchise.