How many franchised Gold Star outlets were operating at the beginning of 2023?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet type | YEAR | Outlets at the start of the year | Outlets at the end of the year | Net change |
|---|---|---|---|---|
| FRANCHISED | 2022 | 58 | 52 | -6 |
| 2023 | 52 | 51 | -1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 48–52)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, there were 52 franchised outlets at the start of 2023. This number is part of a broader table that tracks the number of franchised Gold Star outlets over a three-year period. The table also shows that the number of franchised outlets decreased by 6 in 2022 and by 1 in 2023.
For a prospective franchisee, this data indicates a slight contraction in the number of franchised Gold Star locations. While not a dramatic decrease, it may prompt further investigation into the reasons behind the net change in outlets. Understanding why these locations closed or were not renewed could be crucial in assessing the stability and potential risks associated with investing in a Gold Star franchise.
It would be prudent for a potential franchisee to discuss these trends with the franchisor to understand the factors contributing to the changes in outlet numbers. Further questions might include the reasons for closures, the support provided to struggling franchisees, and the overall health of the franchise system. This information, combined with other due diligence, will help in making an informed decision about investing in a Gold Star franchise.