How many Gokhale Method outlets were operating in Wisconsin 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 |
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 outlets operating in Wisconsin at the start of 2021. The table provided in Item 20 of the FDD offers a detailed breakdown of outlet activity by state.
Specifically, the table includes 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. This level of detail can help prospective franchisees understand the stability and growth trends of Gokhale Method in specific geographic areas.
For a prospective franchisee, this information is valuable for assessing the brand's presence and performance in Wisconsin. It's also important to note that while two outlets were operating at the start of 2021, no additional outlets were opened during that year in Wisconsin, and none closed, so two were operating at the end of 2021 as well. This data helps in evaluating the market potential and competition within the state.