How many Gokhale Method outlets were operating in Wisconsin 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 Gokhale Method outlets operating in Wisconsin at the end of 2023. The table provided in Item 20 of the FDD details the status of franchised outlets from 2021 to 2023. In 2023, Wisconsin had two outlets at the start of the year, opened one new outlet, and closed one outlet, resulting in two outlets at the end of the year.
For a prospective franchisee, this information indicates the existing presence and activity of Gokhale Method in Wisconsin. The opening and closing of an outlet in 2023 suggests some market dynamics or transitions within the state. It is important to note that this data reflects only franchised outlets and does not include any company-owned outlets, as Gokhale Method did not have any company-owned outlets during the reporting period.
This information is valuable for understanding the brand's footprint and recent changes in Wisconsin. A potential franchisee should investigate the reasons behind the outlet opening and closure to better assess the market conditions and opportunities in the state. Further research and communication with the franchisor can provide deeper insights into the specific circumstances affecting Gokhale Method's operations in Wisconsin.