What is the total number of Desi District franchises terminated across all reported years?
Desi_District Franchise · 2024 FDDAnswer 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 no franchise terminations in the years 2021, 2022, and 2023. The provided table regarding the status of franchised outlets indicates zero terminations across all reporting years. This suggests a stable franchise system with no reported terminations during the period covered by the FDD. Prospective franchisees may find this reassuring, as it indicates that franchisees have not had their agreements terminated by Desi District during this period.
Furthermore, Exhibit H in the FDD confirms that there were no former franchisees due to termination, cancellation, non-renewal, or any other reason for ceasing business under the franchise agreement within the most recently completed fiscal year. This is consistent with the data presented in the tables and reinforces the impression of a stable franchise network.
It is important for potential franchisees to investigate further into the reasons behind these figures. While no terminations can be seen as a positive sign, it is crucial to understand the broader context of franchisee relationships and the overall health of the Desi District franchise system. Speaking with current and former franchisees can provide valuable insights into the franchisor-franchisee dynamics and the factors contributing to the absence of terminations.