What were the gross sales for the Desi District LLC location during the reporting period?
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 |
The following financials are based on our Company Owned Outlets from 1/01/2023 through 12/31/2023. These were the only locations open for this entire time period, all are owned by our Affiliate entities.
"Gross Sales" means the total revenue derived from the sale of goods or services less sales tax, discounts, and returns. Each of the Company Owned businesses is labeled as to which of the types of franchise models these are. The type of franchise business model will have an impact on the total Gross Sales potential for your business.
5. Some outlets have sold and earned this amount. Your individual results may differ. There is no assurance that you'll sell or earn as much.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 48–49)
What This Means (2024 FDD)
According to Desi District's 2024 Franchise Disclosure Document, the gross sales for the Desi District LLC location, which operates as an Eatery & Market, were $7,526,994.07 during the period from January 1, 2023, through December 31, 2023. This figure represents the total revenue from sales of goods and services, less sales tax, discounts, and returns. It's important to note that this is a historical financial performance representation and not a projection of future performance. Desi District states that there are no anticipated material differences between company-owned and future franchised outlets. However, individual results may vary, and there is no guarantee that a franchisee will achieve the same level of sales or earnings.
This Item 19 data does not include any operating expenses, such as rent, cost of goods sold, labor, insurance, and advertising. A prospective franchisee would need to account for these costs to understand the net income potential of a Desi District franchise. The FDD also indicates that the type of franchise business model (Eatery vs. Eatery & Market) can impact the total gross sales potential.
Desi District emphasizes that they do not make any representations about a franchisee's future financial performance, except as included in Item 19, and they do not authorize employees or representatives to make such representations. The FDD advises that if a prospective franchisee receives any financial performance information or projections of future income outside of Item 19, they should report it to the franchisor's management, the Federal Trade Commission, and the appropriate state regulatory agencies. Prospective franchisees should request written substantiation of the information in Item 19 to aid in their due diligence.