How many total Desi District outlets were operating at the end of 2023?
Desi_District Franchise · 2024 FDDAnswer 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 a total of 5 outlets operating at the end of 2023. These were all company-owned, as Desi District had no franchised outlets operating during that year. This information is crucial for potential franchisees to understand the current scale and operational model of Desi District.
The FDD provides a detailed breakdown of outlet activity over the past three years, from 2021 to 2023. In 2023, there were 5 company-owned outlets at the start of the year, and that number remained constant throughout the year, with no openings or closures. This indicates a period of stability in the company-owned operations during that time.
For a prospective franchisee, this data highlights that Desi District is still in the early stages of franchising, with no franchised locations yet established as of the end of 2023. This could represent both an opportunity and a risk. The opportunity lies in being among the first franchisees to establish the brand in new markets. The risk is that the franchise system is relatively unproven, and franchisees will need to rely heavily on the franchisor's support and guidance. It would be prudent for potential franchisees to inquire about the franchisor's plans for growth and support for new franchisees.