How many Desi District outlets in Texas were reacquired from franchisees in 2023?
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 |
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 re acquisitions of Desi District franchises in Texas during 2023. The table provided in Item 20 of the FDD details the franchise outlet information for Texas.
The table shows that for the year 2023, there were 5 outlets at the start of the year, no outlets opened, and no outlets reacquired from a franchisee. There were also no outlets closed or sold to a franchisee, leaving 5 outlets at the end of the year.
This indicates that Desi District did not buy back any franchise locations in Texas during that year. Prospective franchisees can use this information to understand the stability and changes within the Desi District franchise system in Texas.