table_specific

How many Gokhale Method outlets were terminated in 2022?

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 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

| Pennsylvania | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |---|---|---|---|---|---|---|---|---| | | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 2 | 1 | | Utah | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Virginia | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | Washington | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Wisconsin | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 1 | 0 | 1 | 0 | 0 | 2 | | Total | 2021 | 27 | 0 | 0 | 0 | 0 | 4 | 23 | | | 2022 | 23 | 0 | 0 | 0 | 0 | 1 | 22 | | | 2023 | 22 | 6 | 0 | 3 | 0 | 5 | 20 | Note: The table above shows the number of United States franchisees. In addition, there are two franchisees who operate in Australia, one franchisee who operates in the Bahamas, two franchisees who operate in Canada, one franchisee who operates in France, three franchisees who operate in Germany, one franchisee who operates in India, one franchisee who operates in New Zealand, one franchisee who operates in Singapore, one franchisee who operates in Slovenia, and two franchisees who operate in the UK.

Table No. 4 Status of Company-Owned Outlets For years 2021 to 2023

| State | Year | Outlets atStart ofthe Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | OutletsSold to Franchisee | Outletsat Endof theYear | |---|---|---|---|---|---|---|---| | California | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | | Total | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | Table No.

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 no terminations of Gokhale Method outlets in 2022 in Alabama, California, Georgia, Illinois, Louisiana, Massachusetts, Montana, New York, Oregon, Pennsylvania, Utah, Virginia, Washington, and Wisconsin.

Specifically, the provided tables track outlet data by state and year, including terminations, non-renewals, re acquisitions by the franchisor, and other reasons for ceased operations. For each of the listed states, the 'Terminations' column shows a '0' for the year 2022, indicating that no Gokhale Method franchises were terminated in those states during that year.

Additionally, the FDD provides a system-wide outlet summary. In 2022, there were 23 franchised outlets at the start of the year and 22 at the end of the year, resulting in a net change of -1. This net change is attributed to outlets ceasing operations for other reasons, not terminations, as the termination count remains at zero across all reporting categories and states.

Prospective franchisees can review Exhibit D and E for a list of franchisee outlets in the United States and a list of franchisees who had an outlet, ceased to do business under the franchise agreement within the last fiscal year or which has not communicated with the franchisor within 10 weeks of the application date.

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.