How many company-owned Desi District outlets were operating at the end of 2021?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | |
| Company-Owned | 2021 | 1 | 3 | +2 |
| 2022 | 3 | 5 | +2 | |
| 2023 | 5 | 5 | 0 | |
| Total Outlets | 2021 | 1 | 3 | +2 |
| 2022 | 3 | 5 | +2 | |
| 2023 | 5 | 5 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–52)
What This Means (2024 FDD)
According to Desi District's 2024 Franchise Disclosure Document, at the end of 2021, there were 3 company-owned outlets. The FDD provides a table summarizing systemwide outlets for the years 2021 to 2023. In 2021, Desi District started the year with 1 company-owned outlet and ended the year with 3, reflecting a net change of +2 outlets.
Specifically, all of these company-owned stores were located in Texas. Desi District began 2021 with one company-owned location in Texas, opened two more during the year, and had three company-owned locations in Texas by the end of 2021.
This information is valuable for potential franchisees as it provides insight into the growth and presence of company-owned stores, which can be indicative of the brand's performance and commitment to the business model. Franchisees may find it beneficial to further investigate the performance and strategic importance of these company-owned locations during their due diligence.