How many Gold Star outlets were open in Ohio at the start of 2024?
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 | 0 | 1 | 0 | 0 | 3 | |
| 2021 | 3 | 0 | 0 | 0 | 1 | 2 | |
| KENTUCKY | 2022 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 1 | 0 | 1 | |
| 2024 | 1 | 0 | 0 |
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 2024. This information is based on the provided table that details outlet information by state and year. The table also shows that one additional Gold Star outlet opened in Ohio during 2024, bringing the total to 8 by the end of the year.
This type of data is crucial for prospective franchisees as it provides insight into the brand's presence and growth trajectory in specific regions. Knowing the number of existing outlets can help assess market saturation and potential competition. Furthermore, tracking outlet openings and closures over time can indicate the overall health and stability of the franchise system in a given state.
For a potential Gold Star franchisee, this information suggests that Ohio is an established market for the brand. The opening of an additional outlet during 2024 could be interpreted as a positive sign of ongoing growth and investment in the region. However, it would be prudent to investigate the reasons behind any outlet closures in previous years to gain a more comprehensive understanding of the market dynamics.
It is also important to note that this data only reflects the number of outlets and does not provide information on factors such as revenue, profitability, or market share. A prospective franchisee should conduct further due diligence to gather a complete picture of the franchise's performance in Ohio and other relevant markets.