How many Gokhale Method outlets in California were sold to franchisees in 2022?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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 no Gokhale Method outlets sold to franchisees in California during 2022. The provided table tracks outlet data by state and year, including figures for outlets at the start of the year, outlets opened, reacquired outlets, closed outlets, and outlets sold to franchisees.
Specifically, the table shows that in California during 2022, the number of outlets sold to franchisees was zero. This indicates that there were no transfers of existing Gokhale Method franchises from the company or other franchisees to new franchisees in California during that year.
This information is valuable for potential franchisees as it provides insight into the stability and transfer activity of Gokhale Method franchises within California. A high number of transfers might indicate instability or difficulty in operating the franchise, while a low number, as in this case, could suggest that franchisees are generally retaining their businesses.