What was the total number of Gokhale Method outlets at the start of 2022?
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, at the start of 2022, there were a total of 23 Gokhale Method outlets. These were all franchised locations, as there were zero company-owned outlets at that time.
It is important to note that this number reflects the total outlets across all states listed in the table. The FDD also mentions international franchisees, but the table specifically shows the number of United States franchisees. Therefore, the 23 outlets at the start of 2022 only accounts for US-based franchised locations.
Prospective franchisees should consider the trend in outlet numbers. The number of franchised Gokhale Method outlets decreased by one during 2022, going from 23 at the start of the year to 22 by the end of the year. This could indicate challenges in maintaining or growing the franchise network.