How many Gokhale Method outlets were operating in Louisiana 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 Louisiana at the end of 2023. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, the number of outlets opened, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information is useful in understanding the growth and presence of Gokhale Method in specific states. Seeing the changes in outlet numbers can indicate the potential market and success rate in different regions.
It's also important to note that this table specifically refers to the number of United States franchisees. Gokhale Method also has franchisees operating in other countries, including Australia, the Bahamas, Canada, France, Germany, India, New Zealand, Singapore, Slovenia, and the UK.