How many Gokhale Method outlets were operating in Louisiana at the start of 2021?
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 was one outlet operating in Louisiana at the start of 2021. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations for other reasons, and outlets at the end of the year for the years 2021, 2022 and 2023.
For a prospective franchisee, this information is useful in understanding the historical growth and stability of the Gokhale Method franchise system in specific states. Seeing the changes in outlet numbers over the years can provide insights into the brand's performance and potential market saturation in those areas.
It is important to note that this table only reflects the number of franchisees in the United States. Gokhale Method also has franchisees operating in other countries, including Australia, the Bahamas, Canada, France, Germany, India, New Zealand, Singapore, Slovenia, and the UK. This indicates that while the brand may have a limited presence in some US states, it has a broader international reach.