How many franchised Gold Star outlets were operating at the start of 2022?
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 |
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 58 franchised outlets at the start of 2022. The number of franchised locations decreased to 52 by the end of 2022, representing a net decrease of 6 units.
This information is crucial for potential franchisees as it provides a snapshot of the franchise system's size and stability. A decrease in the number of franchised outlets could indicate challenges within the system, such as closures or terminations. However, it is important to investigate the reasons behind this decrease to fully understand the implications.
Prospective franchisees should consider this data in conjunction with other information in the FDD, such as the reasons for outlet closures or transfers, and the overall financial performance of the franchise system. It is also advisable to speak with existing franchisees to gain further insights into the health and prospects of the Gold Star franchise.