How many Gokhale Method outlets were operating in Georgia 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 |
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 two outlets operating in Georgia at the end of 2023. The table provided in Item 20 details the changes in outlet numbers over the previous three years.
In 2021, Gokhale Method had two outlets at the start of the year in Georgia. During 2021, one outlet ceased operations for other reasons, leaving one outlet at the end of the year. In 2022, there was one outlet at the start and end of the year, with no changes occurring.
In 2023, Gokhale Method started with one outlet in Georgia and opened two additional outlets. However, one outlet ceased operations for other reasons. Therefore, the total number of Gokhale Method outlets operating in Georgia at the end of 2023 was two.