How many total Desi District outlets were operating at the end of 2021?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
MATION**
Table 1 Systemwide Outlet Summary For Years 2021 to 2023
| 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 |
**Table 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For Years 202
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, at the end of 2021, there were a total of 3 Desi District outlets operating. None of these were franchised locations. All 3 units were company-owned.
Specifically, the FDD indicates that at the start of 2021, there was 1 company-owned Desi District outlet. During 2021, 2 additional company-owned outlets were opened, resulting in a total of 3 company-owned outlets by the end of the year. All of these outlets were located in Texas.
For a prospective franchisee, this information highlights that Desi District was a relatively new franchise system as of 2021, with a small number of company-owned locations. This may indicate a higher risk, as the franchise system has a limited track record. However, it could also present an opportunity to get in on the ground floor of a growing brand.