How many Gokhale Method outlets were operating in Alabama at the end of 2021?
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 |
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 was 1 outlet operating in Alabama at the end of 2021. The provided table tracks the number of outlets at the start of the year, outlets opened during the year, 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 a prospective franchisee, this data indicates the historical presence and stability of the Gokhale Method brand in Alabama. The fact that the outlet count remained constant in Alabama from 2021 to 2023 suggests a stable market, although it could also indicate limited growth.
It is important to note that this data only reflects the number of outlets and does not provide information on the financial performance or success of the Gokhale Method outlet in Alabama. A prospective franchisee should further investigate the market conditions and potential for growth in Alabama before making a decision.