factual

Can a Gokhale Method franchisee rent space on an hourly basis?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

Although you are not required to purchase or lease real estate, and we anticipate that you will rent space from a third party on an hourly, daily, weekly or monthly basis, we reserve the right to prescribe standards for the location where you will conduct classes. Presently, for private students, room dimensions should be at least 10 by 10 feet; for groups of four or less, 10 by 16 feet; and for 5 to 8 students, 14 by 20 feet. Space should be in compliance with local building codes; with federal, state and local laws, including the Americans with Disabilities Act; with local zoning and land use regulations for conducting Gokhale Method classes; and have access to rest rooms.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 15–17)

What This Means (2024 FDD)

According to the 2024 Gokhale Method Franchise Disclosure Document, franchisees are not required to purchase or lease real estate. Gokhale Method anticipates that franchisees will rent space from a third party. This rental can be arranged on an hourly, daily, weekly, or monthly basis, providing flexibility in managing operational costs. However, Gokhale Method retains the right to prescribe standards for the location where classes are conducted.

The FDD specifies minimum room dimensions based on the number of students. For private students, the room should be at least 10 by 10 feet; for groups of four or less, 10 by 16 feet; and for 5 to 8 students, 14 by 20 feet. The space must comply with local building codes, federal, state, and local laws (including the Americans with Disabilities Act), and local zoning and land use regulations for conducting Gokhale Method classes. Additionally, the space must have access to restrooms.

This arrangement allows Gokhale Method franchisees to minimize upfront investment in real estate and adjust their space requirements based on class schedules. However, franchisees must ensure that any rented space meets the franchisor's standards and all applicable legal requirements. This includes verifying compliance with building codes, ADA regulations, and zoning laws, which may require due diligence and potentially impact the choice of rental locations.

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.