What is the principal business address of Gokhale Method Institute, Inc.?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
The Franchisor. We are a corporation formed under California law on November 3, 2011. Our principal business address is 3790 El Camino Real #1033, Palo Alto, CA 94306. Our agent or agents to receive service of process, is Esther Gokhale, GMI, 3790 El Camino Real #1033, Palo Alto, CA 94306. Our sole business is the offer and sale of franchises hereunder and the performance of our duties under the Franchise Agreements as franchisor. We previously taught the Gokhale Method and operated a business of the type being offered herein at our headquarters in Palo Alto, California. We have not conducted business or offered franchises in any other line of business.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–10)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, the principal business address of Gokhale Method Institute, Inc. is 3790 El Camino Real #1033, Palo Alto, CA 94306. This address is significant as it serves as the central point of contact for the company and where official communications are received. Additionally, the same address is listed for the agent to receive service of process, Esther Gokhale, indicating a close tie between the company's physical location and its legal representation.
This location in Palo Alto, California, suggests that the company operates in an area known for its high concentration of tech companies and affluent residents, which may influence the demand for and pricing of Gokhale Method's services. Prospective franchisees should consider the demographics and economic conditions of their target market in relation to the franchisor's base of operations. Understanding the franchisor's location can also provide insights into the resources, support, and training that may be available to franchisees.
Furthermore, the FDD mentions that Gokhale Method previously taught the Gokhale Method and operated a business of the type being offered at its headquarters in Palo Alto, California. This indicates that the franchisor has experience operating the business model in this specific location, which could be beneficial for franchisees as they can learn from the franchisor's direct experience in a similar market.