What was the total revenue from royalties for the Gokhale Method in 2022?

According to the 2024 Franchise Disclosure Document, Gokhale Method's total revenue from royalties in 2022 was $34,017. This figure represents the income Gokhale Method received from its franchisees based on a percentage of their sales or other agreed-upon metrics, as outlined in the franchise agreements.

For a prospective franchisee, this indicates the scale of royalty payments Gokhale Method collects system-wide. It is important to consider this figure in relation to the total number of franchisees and their individual revenue to understand the average royalty contribution per franchisee. This information can help potential franchisees gauge the financial health and performance of existing Gokhale Method franchise locations.

In addition to royalties, Gokhale Method also generated revenue from franchise fees ($5,766) and continuing education ($17,642) in 2022. Understanding the different revenue streams of the franchisor can provide insights into the overall business model and potential opportunities for franchisees to generate income through various channels.