factual

What is Gold Star's definition of a Franchised Traditional Outlet?

Gold_Star Franchise · 2025 FDD

Answer from 2025 FDD Document

ents the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances.

At the end of 2024 there were 47 Franchised Traditional Outlets in operation and 1 Franchised Non-Traditional Outlets in operation. A Franchised Traditional Outlet is defined as a noncompany-owned Store that is free standing or on an end cap of a strip center and has a drive thru. A Franchised Non-Traditional Outlet is defined as a noncompany-owned Store located in a mall, amusement park, fairground, sports stadium, zoo or airport. The financial performance representations in Table 1 below are historical based on information from the indicated subsets of the 47 Franchised Traditional Outlets that were open for the full fiscal year, January 1, 2024 through December 31, 2024. The entire set of 47 Franchised Traditional Outlets experienced average Gross Sales of $1,074,809.57 (with 21 outlets, or 44.7%, exceeding the

Source: Item 19 — Financial Performance Representations (FDD pages 46–48)

What This Means (2025 FDD)

According to Gold Star's 2025 Franchise Disclosure Document, a Franchised Traditional Outlet is defined as a noncompany-owned store that is either free-standing or located on the end cap of a strip center, and it must have a drive-thru. As of the end of 2024, Gold Star had 47 such Franchised Traditional Outlets in operation. In contrast, a Franchised Non-Traditional Outlet is defined as a noncompany-owned store located in venues such as a mall, amusement park, fairground, sports stadium, zoo, or airport; Gold Star had only one of these in operation at the end of 2024.

The FDD provides financial performance representations specifically for Franchised Traditional Outlets. The data presented is historical, based on information from subsets of the 47 Franchised Traditional Outlets that were open for the entire fiscal year from January 1, 2024, through December 31, 2024. These outlets experienced average Gross Sales of $1,074,809.57, with 21 outlets (44.7%) exceeding this average. The median Gross Sales for these outlets was $1,057,612.66. The range of gross sales varied significantly, with the low performer generating $345,765.49 and the high performer reaching $1,928,398.90.

It is important to note that the financial data reported by Gold Star is based on sales reports from franchisees, which are not audited or independently verified. However, Gold Star states that substantiation of the data used to prepare this information will be made available to prospective franchisees in writing upon reasonable request. This information is crucial for potential franchisees to understand the possible financial performance of a Gold Star franchise, although individual results may vary, and there is no guarantee of achieving similar sales figures.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.