What were the gross sales for the Desi District LLC company-owned location?
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 |
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 gross sales for the company-owned Desi District LLC location were $7,526,994.07. This location is classified as an 'Eatery & Market'. The estimated royalty fees for this location were $301,079.76.
This information is useful for prospective franchisees as it provides insight into the potential revenue that a Desi District location can generate. It's important to note that this is just one company-owned location, and the performance of franchised locations may vary based on factors such as location, management, and local market conditions. The FDD also lists gross sales for other company-owned locations, which can provide a broader picture of potential revenue.
When evaluating this data, prospective franchisees should consider the type of franchise (Eatery & Market vs. Eatery), as this may impact sales figures. Additionally, the estimated royalty fees provide an indication of the fees that franchisees will be required to pay based on their gross sales. It is important to review the complete Item 19 in the FDD to understand all the qualifications and assumptions that underlie the data.
It is also important to conduct thorough due diligence, including speaking with existing franchisees, to gather additional information about their experiences and financial performance. This will help prospective franchisees make an informed decision about whether to invest in a Desi District franchise.