How many franchised Gokhale Method outlets closed between the start and end of 2023?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
021 to 2023
| OutletType | Year | Outletsatthe StartoftheYear | Outletsatthe EndoftheYear | NetChange | |---|---|---|---|---| | Franchised | 2021 | 27 | 23 | -4 | | | 2022 | 23 | 22 | -1 | | | 2023 | 22 | 20 | -2 | | Company-Owned | 2021 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | | TotalOutlets* | 2021 | 27 | 23 | -4 | | | 2022 | 23 | 22 | -1 | | | 2023 | 22 | 20 | -2 | Note: The table above shows the number of United States franchisees. In addition, there are two franchisees who operate in Australia, one franchisee who operates in the Bahamas, two franchisees who operate in Canada, one franchisee who operates in France, three franchisees who operate in Germany, one franchisee who operates in India, one franchisee who operates in New Zealand, one franchisee who operates in Singapore, one franchisee who operates in Slovenia, and two franchisees who operate in the UK.
Table No. 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2021 to 2023
| State | Year | NumberofTransfers | |---|---|---| | None | 2021 | 0 | | | 2022 | 0 | | | 2023 | 0 | | Total | 2021 | 0 | | | 2022 | 0 | | | 2023 | 0 |
Item 20 Table No. 3 Status of Franchised Outlets For years 2021 to 2023
| State | Year | Outletsat Startof Year | Outlets Opened | Terminatio ns | Non Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outletsat Endofthe Year | |---|---|---|---|---|---|---|---|---| | Alabama | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | California | 2021 | 6 | 0 | 0 | 0 | 0 | 1 | 5 | | | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 1 | 0 | 0 | 0 | 0 | 6 | | Georgia | 2021 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 2 | 0 | 0 | 0 | 1 | 2 | | Illinois | 2021 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | Louisiana | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | Massachusetts | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 1 | 0 | 0 | 2 | | Montana | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | | NewYork | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | | Oregon | 2021 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pennsylvania | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
|---|---|---|---|---|---|---|---|---|
| 2022 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE REPRESENTATIONS (FDD pages 30–34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, there were a total of 22 franchised outlets at the start of 2023 and 20 at the end of the year. This represents a net change of -2 for franchised outlets during 2023.
Further details show that of the 22 franchised locations at the beginning of 2023, 3 locations experienced non-renewals and 5 ceased operations for other reasons.
Therefore, the total number of Gokhale Method franchised outlets that closed in 2023 due to non-renewal or other reasons was 8.