How many new Desi District outlets were opened in Texas during 2022?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at the Start of the Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Texas | 2021 | 1 | 2 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 2 | 0 | 0 | 0 | 5 | |
| 2023 | 5 | 0 | 0 | 0 | 0 | 5 | |
| Totals | 2021 | 1 | 2 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 2 | 0 | 0 | 0 | 5 | |
| 2023 | 5 | 0 | 0 | 0 | 0 | 5 |
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 2 new Desi District outlets opened in Texas during 2022. The FDD provides a table summarizing outlet information by state and year. This table includes the number of outlets at the start of the year, the number of outlets opened, reacquired, closed, and sold, and the number of outlets at the end of the year.
For a prospective franchisee, this information is useful in understanding the growth and changes in the Desi District franchise system over the past few years. It shows the rate at which new outlets are opening in specific states like Texas, which can be an indicator of market demand and brand popularity. The table also shows if any outlets closed or were sold, which could signal potential challenges or turnover within the franchise system.
It's important to note that this data reflects company-owned outlets. The FDD also includes tables detailing the status of franchised outlets and company-owned outlets separately. Reviewing both types of outlet data provides a more comprehensive view of the Desi District's overall performance and stability. Franchisees should also consider the projected openings for the upcoming year, though these are only projections and not guarantees of future growth.