How many Gokhale Method outlets were operating in Massachusetts at the end 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 |
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 3 outlets operating in Massachusetts at the end of 2021. The table provided in Item 20 of the FDD details the number of outlets at the start and end of each year, as well as any changes that occurred during the year, such as openings, terminations, or closures. This information can be useful for prospective franchisees to understand the growth and stability of the Gokhale Method franchise system in specific states.
Specifically, for Massachusetts in 2021, the table shows that there were 3 outlets at the beginning of the year, no new outlets opened, and no outlets were terminated, non-renewed, reacquired by the franchisor, or ceased operations for other reasons. Therefore, the number of outlets at the end of the year remained at 3.
This data point provides a snapshot of Gokhale Method's presence in Massachusetts during that period. Reviewing this type of data across multiple states and years can help potential franchisees assess the brand's performance and market penetration in different regions.