aggregated_summary

What is the total number of Desi District franchises not renewed across all reported years?

Desi_District Franchise · 2024 FDD

Answer from 2024 FDD Document

State Year Outlets at the Start of the Year Outlets Opened Termi Nations Non Renewals Reacquired by Franchisor Ceased Operations – Other Reasons Outlets at End of the Year
2021 0 0 0 0 0 0 0
N/A 2022 0 0 0 0 0 0 0
2023 0 0 0 0 0 0 0
2021 0 0 0 0 0 0 0
Totals 2022 0 0 0 0 0 0 0
2023 0 0 0 0 0 0 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 franchises not renewed between 2021 and 2023. The provided table in Item 20 details the franchise outlet information, specifically listing 'Non Renewals' as zero for each of the years 2021, 2022 and 2023. This suggests that all franchise agreements that reached their natural expiration during this period were renewed, or that no agreements expired.

This information is crucial for potential franchisees as it can indicate the satisfaction and success rate of current franchisees within the Desi District system. A high number of non-renewals could signal issues with profitability, franchisor-franchisee relationships, or other systemic problems. The absence of non-renewals, as reported here, may be interpreted positively.

It is important to note that this data only covers the period from 2021 to 2023. A prospective franchisee should investigate further by speaking with current and former franchisees to understand the reasons behind franchise terminations, cancellations, or non-renewals, if any, that may not be fully reflected in the provided data. Additionally, understanding the typical term length of a Desi District franchise agreement would provide context to these figures.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.