How many Gold Star outlets were open in Kentucky at the end of 2020?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| STATE | YEAR | OUTLETS AT THE START OF YEAR | OUTLETS OPENED | OUTLETS REAQUIRED FROM FRANCHISEE | OUTLETS CLOSED | OUTLETS SOLD TO FRANCHISEE | OUTLETS AT END OF YEAR |
|---|---|---|---|---|---|---|---|
| 2020 | 2 | 0 | 1 | 0 | 0 | 3 |
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 3 Gold Star outlets open in Kentucky at the end of 2020. At the start of 2020, there were 2 outlets. During 2020, no outlets were opened, none were closed, and one was reacquired from a franchisee, resulting in a total of 3 outlets at the end of the year.
This information is valuable for prospective franchisees as it provides a historical view of Gold Star's presence and activity in Kentucky. Understanding the number of outlets, openings, re acquisitions, and closures can help potential franchisees assess the brand's performance and stability in the region. This data can be used to evaluate market saturation and growth potential within the state.
It is important to note that past performance is not necessarily indicative of future results. However, this data offers insights into Gold Star's operational trends and strategic decisions regarding outlet locations in Kentucky. Prospective franchisees should also consider other factors, such as local market conditions, competition, and demographic trends, when evaluating the potential success of a Gold Star franchise in Kentucky.