How many Gold Star outlets were open in Ohio at the end of 2020?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 2024 | 1 | | OHIO | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | TOTAL | 2022 | 1 | | | 2023 | 3 | | | 2024 | 1 |
TABLE NO. 4
STATUS OF COMPANY-OWNED OUTLETS
FOR YEARS 2020-2024
| 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 |
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 7 Gold Star outlets open in Ohio at the end of 2020. This number is derived from a table that tracks outlet data by state and year. The table also indicates that there were 7 outlets at the start of 2020, with no additional outlets opened, reacquired, closed, or sold during that year.
For a prospective franchisee, this information provides a snapshot of Gold Star's presence and stability in Ohio during that period. It suggests that the brand maintained its existing footprint without significant changes in outlet numbers. This could indicate a stable market or a deliberate strategy of limited expansion in the state during that specific year.
It's important to note that while the number of outlets remained constant in 2020, the table also includes data on outlets reacquired from franchisees, which can impact the overall dynamics of the franchise system. Reviewing these figures alongside other factors, such as transfer data and reasons for closures, can provide a more comprehensive understanding of the franchise's health and growth trajectory in Ohio.