How many Gokhale Method outlets were operating in Montana 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 Montana 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, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For Montana, the data shows that at the beginning of 2021, there was one Gokhale Method outlet. Throughout 2021, no additional outlets were opened, and there were no terminations, non-renewals, or re acquisitions by the franchisor. No outlets ceased operations for other reasons, leaving one outlet at the end of 2021.
This information is valuable for potential franchisees as it provides insight into the historical performance and stability of Gokhale Method franchises in specific states. It's important to note that past performance does not guarantee future results, but it can offer a sense of the brand's presence and activity in a given area. Reviewing this data can help prospective franchisees assess the market potential and competitive landscape in their desired location.