How many Gokhale Method outlets were operating in California at the end of 2023?
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 6 outlets operating in California at the end of 2023. At the start of 2023, there were 5 outlets. During 2023, 1 outlet was opened in California. There were no terminations, non-renewals or re acquisitions by the franchisor. There were also no outlets that ceased operations for other reasons.
It is important to note that this table reflects only the number of outlets and does not provide information on the financial performance or other operational details of these locations. A prospective franchisee should seek additional information from Gokhale Method regarding the performance of outlets in California to gain a better understanding of the market.
Prospective franchisees should also consider the factors that may have contributed to the changes in outlet numbers, such as local market conditions, competition, and the effectiveness of the Gokhale Method's support and training programs. Understanding these factors can help a franchisee make an informed decision about investing in a Gokhale Method franchise in California.