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How many company-owned Desi District outlets were operating at the start of 2023?

Desi_District Franchise · 2024 FDD

Answer 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, there were 5 company-owned outlets at the start of 2023. The FDD provides a systemwide outlet summary for the years 2021 to 2023, detailing the number of franchised and company-owned outlets at the beginning and end of each year, as well as the net change in outlet numbers.

Specifically, for company-owned Desi District locations, the number of outlets increased from 1 at the start of 2021 to 3 by the end of that year. In 2022, the number of company-owned outlets grew from 3 to 5. However, in 2023, the number of company-owned outlets remained constant at 5 throughout the year. There were no new openings or closures of company-owned Desi District locations during 2023.

This information is valuable for potential franchisees as it provides insight into the growth and stability of company-owned Desi District locations. The fact that the number of company-owned outlets remained stable in 2023 could indicate a period of consolidation or a strategic decision to focus on franchise expansion. A prospective franchisee might want to inquire about the reasons behind this stability and the future plans for company-owned outlets to better understand the overall direction of the Desi District franchise system.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.