How many Gokhale Method outlets were operating in Montana at the start 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 was one outlet operating in Montana at the start of 2023. The table provided in Item 20 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 each state.
Specifically, for Montana in 2023, the table shows one outlet at the start of the year and no outlets opened during the year. There were no terminations, re acquisitions, or other reasons for ceased operations. However, there was one non-renewal, resulting in zero outlets at the end of 2023.
This information is valuable for prospective franchisees as it provides a historical overview of Gokhale Method's presence and changes in specific states. It is important to note that while there was one outlet in Montana at the beginning of 2023, it was not renewed, indicating a potential risk or challenge in maintaining operations in that area.