What was the total number of Gokhale Method outlets that ceased operations for other reasons in 2023?
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 | 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.
Source: Item 20 — OUTLETS AND FRANCHISEE REPRESENTATIONS (FDD pages 30–34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, a total of 5 franchised outlets ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor in 2023. The data is broken down by state. Specifically, one outlet in Georgia, one in New York, two in Pennsylvania, and one in Virginia ceased operations for other reasons during that year.
This information is valuable for prospective franchisees as it provides insight into the stability and potential risks associated with operating a Gokhale Method franchise. Understanding the reasons why outlets cease operations, even when not due to typical factors like termination, can help franchisees assess the challenges they might face and the support they can expect from the franchisor.
It's important to note that "ceased operations for other reasons" can encompass a variety of situations, such as the franchisee's decision to close the business due to financial difficulties, health issues, or other personal circumstances. While the FDD provides this data, it does not elaborate on the specific reasons for each closure. A prospective franchisee should consider asking Gokhale Method for more detailed information about these closures to gain a better understanding of the factors that may contribute to such outcomes.