Does Gokhale Method Enterprise, Inc. (GME) offer franchises in any line of business?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
Our parent corporation, which owns all interest in us, is Gokhale Method Enterprise, Inc. ("GME"). GME is located at 3790 El Camino Real #1033, Palo Alto, CA 94306. GME is wholly owned by Esther Gokhale. GME is engaged in the business of teaching the Gokhale Method to individuals and to employees of corporations and of operating a business of the type being offered herein. GME is responsible for developing and enhancing the Gokhale Method, and it also conducts research and product development and is the source of products bearing the Marks and that franchisees may purchase, or be required to purchase from us, in connection with the operation of their franchise. GME also provides certain administrative and marketing services to us in exchange for a fee. GME does not and has not offered franchises in any line of business.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–10)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Gokhale Method Enterprise, Inc. (GME), the parent corporation of Gokhale Method Institute, Inc., does not and has not offered franchises in any line of business. GME is focused on teaching the Gokhale Method to individuals and employees of corporations, as well as developing and enhancing the Gokhale Method itself. They also conduct research and product development and serve as the source for products bearing the Marks that franchisees may be required to purchase. Additionally, GME provides administrative and marketing services to Gokhale Method Institute, Inc. for a fee.
Gokhale Method Institute, Inc. itself is solely focused on the offer and sale of Gokhale Method franchises. The company was formed in 2011 and has not conducted business or offered franchises in any other line of business besides the Gokhale Method. The franchise opportunity allows franchisees to teach the Gokhale Method using a prescribed curriculum to specific customer categories in classes of specified sizes, referred to as "Approved Formats."
Prospective franchisees should be aware that while Gokhale Method Institute, Inc. may authorize franchisees to offer other wellness offerings or sell approved products/services in the future, no such offerings have been identified as of the date of the Franchise Disclosure Document. Franchisees are also required to complete initial and ongoing training to maintain their right to teach the Gokhale Method. The franchise is not transferable due to the individualized nature of the teaching, which may make selling the business difficult.