How many Gokhale Method outlets were opened in California during 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 |
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 no new Gokhale Method outlets opened in California during 2022. The number of outlets remained constant at 5. This information is based on the provided table detailing outlet activity by state and year.
Specifically, the table tracks the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. For California in 2022, the table indicates 5 outlets at the start of the year and 5 at the end, with 0 outlets opened during that period.
This data is useful for prospective franchisees as it provides insight into the growth and stability of the Gokhale Method franchise system in specific geographic areas. A lack of new openings could indicate a saturated market, limited growth opportunities, or other factors that potential franchisees should investigate further. It is important to consider this data in conjunction with other factors, such as market demand and local competition, when evaluating the potential of a Gokhale Method franchise in California.