How many transfers of Desi District outlets from franchisees to new owners occurred in 2022?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| N/A | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 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 zero transfers of outlets from franchisees to new owners during the year 2022. This information is detailed in Table 2, which specifically tracks such transfers from 2021 to 2023. The table indicates '0' transfers for 2022.
This data point is crucial for prospective franchisees as it can provide insights into the stability and desirability of existing Desi District franchise locations. A high number of transfers might suggest underlying issues with the franchise system, profitability, or franchisee satisfaction. Conversely, a low number, as is the case here, could indicate a stable and well-supported franchise network.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Desi District itself or closed down. For a comprehensive understanding, potential franchisees should also review other sections of the FDD, such as those detailing terminations, non-renewals, and re acquisitions, to get a complete picture of outlet turnover within the Desi District system.