How many Gokhale Method franchises in Pennsylvania were not renewed in 2023?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
| Pennsylvania | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
|---|---|---|---|---|---|---|---|---|
| 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 2 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE REPRESENTATIONS (FDD pages 30–34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, there were zero franchises in Pennsylvania that were not renewed in 2023. The FDD provides a table outlining the status of franchised outlets, including non-renewals, for the years 2021, 2022 and 2023.
For a prospective franchisee, this data indicates the stability and health of Gokhale Method franchises in Pennsylvania. The absence of non-renewals suggests that franchisees in this state are generally satisfied with their business and choose to continue operating under the Gokhale Method brand.
It is important to note that while no franchises were not renewed, two ceased operations for other reasons in Pennsylvania during 2023. A prospective franchisee should investigate the reasons for these closures to fully understand the market dynamics in Pennsylvania.