What was the total number of Gokhale Method outlets 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 Gokhale Method's 2024 Franchise Disclosure Document, there were 23 franchised outlets and zero company-owned outlets, totaling 23 outlets at the end of 2021. This number reflects a net decrease of 4 outlets during that year.
It is important to note that this total includes only the United States franchisees. In addition to the U.S. locations, Gokhale Method had several international franchisees. Specifically, in 2021, there were two franchisees in Australia, one in the Bahamas, two in Canada, one in France, three in Germany, one in India, one in New Zealand, one in Singapore, one in Slovenia, and two in the UK.
For a prospective franchisee, this data indicates the size and distribution of the Gokhale Method franchise system. The decrease in total outlets in 2021 suggests potential challenges or turnover within the franchise network that a potential franchisee may want to investigate.