Where can I find the Multi-Unit Development Agreement form for Desi District?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
On the same day as they execute this MUDA, Desi District Franchise Group and Franchisee have entered into a Franchise Agreement for the franchise of a Desi District business (the "Franchise Agreement"; capitalized terms used but not defined in this MUDA have the meanings given in the Franchise Agreement). Desi District Franchise Group and Franchisee desire that Franchisee develop multiple Desi District businesses.
Source: Item 12 — TERRITORY (FDD pages 38–40)
What This Means (2024 FDD)
According to Desi District's 2024 Franchise Disclosure Document, the Multi-Unit Development Agreement (MUDA) form itself is not explicitly included as an attachment within the provided excerpts. However, Item 23 references a rider that amends both the Franchise Agreement and the Multi-Unit Development Agreement, suggesting that a separate MUDA exists. Item 22 discusses the Franchise Agreement and related attachments, such as the Location Acceptance Letter.
While the excerpts detail various aspects of the Franchise Agreement, including termination conditions, fees, and the franchisee's obligations, they do not contain the full MUDA form. The excerpts do mention that on the same day as executing the MUDA, the franchisee and Desi District Franchise Group enter into a Franchise Agreement for a Desi District business. The MUDA outlines the schedule for developing and opening multiple Desi District businesses.
To review the complete Multi-Unit Development Agreement, a prospective franchisee should specifically request a copy of the agreement and its attachments from Desi District. This will allow for a thorough understanding of all the terms and conditions associated with developing multiple franchise locations. Understanding the full scope of the MUDA is crucial before making any commitments.