How many Desi District outlets in Texas were sold to franchisees in 2022?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| 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 no outlets sold to franchisees in Texas during 2022. The provided table in Item 20 outlines outlet activity by state and year, specifically tracking the number of outlets sold to franchisees.
For a prospective franchisee, this data indicates that Desi District did not engage in any resales of existing company-owned or franchised locations to new franchisees in Texas during that year. This could mean that the brand was focused on opening new locations rather than transferring existing ones.
It is important to note that while no outlets were sold to franchisees in 2022, this does not preclude the possibility of purchasing an existing franchise from a current franchisee. However, the FDD excerpt does not provide information on transfers of outlets from franchisees to new owners.