table_specific

How many franchised Desi District outlets were operating at the end 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 no franchised outlets operating at the end of 2023. The provided tables in Item 20 detail the systemwide outlet summary, status of franchised outlets, and transfers of outlets.

Specifically, Table 1, titled "Systemwide Outlet Summary For Years 2021 to 2023", shows that for the year 2023, the number of franchised outlets at the end of the year was 0. This indicates that Desi District had not yet begun franchising as of the end of 2023, and all operating locations were company-owned.

Prospective franchisees should note that while there were no franchised locations in 2023, Desi District's future plans include opening franchised locations. Item 20 includes a table projecting 4 new franchised outlets in the next fiscal year, 2024. This suggests that Desi District is moving towards a franchise model and is planning to expand its brand through franchising.

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.