How many total Gokhale Method outlets were operating at the end of 2021?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
| OutletType | Year | Outletsatthe StartoftheYear | Outletsatthe EndoftheYear | NetChange |
|---|---|---|---|---|
| Franchised | 2021 | 27 | 23 | -4 |
| 2022 | 23 | 22 | -1 | |
| 2023 | 22 | 20 | -2 | |
| Company-Owned | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | |
| TotalOutlets* | 2021 | 27 | 23 | -4 |
| 2022 | 23 | 22 | -1 | |
| 2023 | 22 | 20 | -2 |
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 23 total Gokhale Method outlets operating at the end of 2021. This total includes franchised locations, as Gokhale Method does not operate any company-owned outlets.
The FDD provides a table that tracks the number of franchised outlets. At the start of 2021, there were 27 franchised outlets. During 2021, the number of franchised outlets decreased by 4, resulting in 23 franchised outlets at the end of the year.
Prospective franchisees should note this decrease and inquire with Gokhale Method about the reasons for the net change of -4 in franchised outlets during 2021. Understanding the factors that contribute to outlet closures or terminations can help a potential franchisee assess the stability and risks associated with investing in a Gokhale Method franchise.