How many Gokhale Method outlets ceased operations for other reasons in 2022?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
021 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 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 2 | 1 | | Utah | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Virginia | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | Washington | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Wisconsin | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 1 | 0 | 1 | 0 | 0 | 2 | | Total | 2021 | 27 | 0 | 0 | 0 | 0 | 4 | 23 | | | 2022 | 23 | 0 | 0 | 0 | 0 | 1 | 22 | | | 2023 | 22 | 6 | 0 | 3 | 0 | 5 | 20 | Note: The table above shows the number of United States franchisees.
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, a review of the provided tables indicates that a total of one Gokhale Method outlet ceased operations for 'other reasons' during 2022. Specifically, the data is broken down by state.
In Alabama, there were zero outlets that ceased operations for other reasons in 2022. Similarly, California, Georgia, Illinois, Louisiana, Massachusetts, Montana, New York, Oregon, Pennsylvania, Virginia, Washington and Wisconsin each reported zero outlets ceasing operations for other reasons during the same year. However, Utah reported one outlet that ceased operations for other reasons in 2022.
It is important for a prospective franchisee to understand the reasons behind outlets ceasing operations, even if categorized as 'other reasons,' as this could point to underlying issues within specific territories or with the business model itself. Further investigation into these circumstances may provide valuable insights.