How many Gokhale Method outlets were reacquired by the franchisor in Montana during 2022?
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 the 2024 Gokhale Method Franchise Disclosure Document, there were zero outlets reacquired by the franchisor in Montana during 2022. The table provided in Item 20 of the FDD details the number of outlets reacquired by the franchisor in each state for the years 2021, 2022, and 2023.
Specifically, for Montana in 2022, the table indicates that there were 1 outlet at the start of the year, 0 outlets opened, 0 terminations, 0 non-renewals, 0 reacquired by the franchisor, 0 ceased operations for other reasons, and 1 outlet at the end of the year. This confirms that no Gokhale Method outlets in Montana were reacquired by the franchisor during that period.
This information is relevant for prospective franchisees as it provides insight into the stability and performance of existing franchises within the Gokhale Method system. A high number of reacquired franchises could indicate potential issues with franchisee success or support, while a low number, as in this case, suggests a more stable franchise network.