How many Gold Star outlets were open in Ohio at the start of 2021?
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 |
|---|
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 start of 2021. This information is based on the provided table that details outlet information by state and year. The table tracks the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and the number of outlets at the end of the year.
For a prospective franchisee, this indicates the existing market presence of Gold Star in Ohio at that time. It's important to note that while there were 7 outlets at the beginning of 2021, the number decreased to 5 by the end of the year due to factors such as outlets being reacquired or closed, offset by outlets sold to franchisees. This could reflect market dynamics or strategic decisions made by Gold Star.
Understanding the historical changes in outlet numbers can be valuable for potential franchisees. It provides insight into the stability and growth patterns of the franchise within a specific region. A prospective franchisee should further investigate the reasons behind any closures or transfers to fully assess the opportunities and risks associated with opening a Gold Star franchise in Ohio.