Does Exhibit H contain the address and telephone number of each Desi District outlet?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
Exhibit H contains the names of all current franchisees (as of the end of our last fiscal year) and the address and telephone number of each of their outlets.
Exhibit H contains the name, city and state, and current business telephone number, or if unknown, the last known home telephone number of every franchisee who had an outlet terminated, canceled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during the most recently completed fiscal year or who have not communicated with us within 10 weeks of the disclosure document issuance date.
Names of all current franchisees (as of the end of our last fiscal year) and the address and telephone number of each of their outlets:
None
Name, city and state, and current business telephone number, or if unknown, the last known home telephone number of every franchisee who had an outlet terminated, canceled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during the most recently completed fiscal year or who have not communicated with us within 10 weeks of the disclosure document issuance date:
None
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–52)
What This Means (2024 FDD)
According to the 2024 Desi District Franchise Disclosure Document, Exhibit H contains the names of all current franchisees as of the end of the last fiscal year, along with the address and telephone number of each of their outlets. However, the document also states that as of the end of the last fiscal year, there were no current franchisees. Therefore, while Exhibit H is intended to list franchisee contact information, it currently contains no entries for current franchisees.
Exhibit H also includes information on former franchisees, listing their name, city, state, and current business telephone number, or if unknown, the last known home telephone number. The document specifies that this information pertains to every franchisee who had an outlet terminated, canceled, not renewed, or otherwise ceased business under the franchise agreement during the most recently completed fiscal year, or who have not communicated with Desi District within 10 weeks of the disclosure document issuance date. However, similar to the section on current franchisees, Exhibit H indicates that there are currently no former franchisees to list.
For a prospective franchisee, this means that while Exhibit H is designed to provide contact information for both current and former franchisees, the current version of the exhibit is empty. This could be interpreted in several ways. It may indicate that Desi District is a relatively new franchise system with no current or recent franchisees, or it could reflect a period of transition within the franchise network. A potential franchisee should inquire with Desi District about the reasons for the absence of franchisee information in Exhibit H and request more detailed information about the current state and history of the franchise system.