When was Gokhale Method Institute, Inc. incorporated?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
Gokhale Method Institute, Inc. ("GMI" or the "Company") was incorporated in 2011 as a California Sub-Chapter S Corporation by Gokhale Method Enterprise, Inc. ("GME"). The subsidiary was formed to franchise the Gokhale Method of dealing with back issues. GMI operates as a business and grants franchises for businesses offering classes and products that help restore the body's primal architecture and movement patterns under the "Gokhale Method" trademarks and related marks. GMI grants franchise licenses in a number of states and countries to practitioners who conduct classes in their franchise area in accordance with the Gokhale Method.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Gokhale Method Institute, Inc. was incorporated in 2011. Specifically, it was formed as a California Sub-Chapter S Corporation by Gokhale Method Enterprise, Inc.
Gokhale Method Institute, Inc. was created as a subsidiary to franchise the Gokhale Method, which focuses on addressing back issues. The company grants franchises to individuals who will offer classes and products designed to restore the body's natural posture and movement patterns, all under the Gokhale Method trademarks.
This detail is important for prospective franchisees as it establishes the legal foundation and history of the Gokhale Method franchise system. Understanding the incorporation date and structure can provide insight into the maturity and stability of the franchise, which may influence a franchisee's decision to invest.