table_specific

How many Gokhale Method outlets were reacquired by the franchisor in 2021?

Gokhale_Method Franchise · 2024 FDD

Answer 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 6 0 0 0 0 1 5
2022 5 0 0 0 0 0 5
2023 5 1 0 0 0 0 6
Georgia 2021 2 0 0 0 0 1 1
2022 1 0 0 0 0 0 1
2023 1 2 0 0 0 1 2
Illinois 2021 2 0 0 0 0 1 1
2022 1 0 0 0 0 0 1
2023 1 1 0 0 0 0 2
Louisiana 2021 1 0 0 0 0 0 1
2022 1 0 0 0 0 0 1
2023 1 1 0 0 0 0 2
Massachusetts 2021 3 0 0 0 0 0 3
2022 3 0 0 0 0 0 3
2023 3 0 0 1 0 0 2
Montana 2021 1 0 0 0 0 0 1
2022 1 0 0 0 0 0 1
2023 1 0 0 1 0 0 0
NewYork 2021 2 0 0 0 0 0 2
2022 2 0 0 0 0 0 2
2023 2 0 0 0 0 1 1
Oregon 2021 1 0 0 0 0 1 0

Source: Item 20 — OUTLETS AND FRANCHISEE REPRESENTATIONS (FDD pages 30–34)

What This Means (2024 FDD)

According to the 2024 Gokhale Method Franchise Disclosure Document, there were zero outlets reacquired by the franchisor in 2021. This data is reflected in two separate tables within Item 20.

One table provides a state-by-state breakdown of outlet activity, including re acquisitions. For 2021, the 'Reacquired by Franchisor' column shows '0' for every state listed (Alabama, California, Georgia, Illinois, Louisiana, Massachusetts, Montana, New York, Oregon, Pennsylvania, Utah, Virginia, Washington, and Wisconsin) and therefore a total of zero re acquisitions for that year.

Another table summarizes outlet changes, including re acquisitions from franchisees. This table shows that for the year 2021, there were zero 'Outlets Reacquired from Franchisee'. This confirms that Gokhale Method did not reacquire any franchised outlets during that year.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.