How many Gold Star outlets opened in Ohio during 2023?
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 |
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, one Gold Star outlet opened in Ohio during 2023. The table provided in Item 20 outlines the changes in outlet numbers across different states and years. At the start of 2023, there were five Gold Star outlets in Ohio. During 2023, one new outlet was opened, and one outlet was reacquired from a franchisee, bringing the total to seven outlets by the end of the year.
This information is crucial for potential franchisees as it provides insight into the brand's growth and activity in specific regions. The opening of a new outlet suggests ongoing expansion and investment in the Ohio market. However, the reacquisition of an outlet also indicates potential challenges or strategic shifts within the franchise network.
Prospective franchisees should consider these factors when evaluating the opportunity. While new openings can signal a healthy market presence, reacquired outlets may warrant further investigation into the reasons behind the change in ownership. Understanding these dynamics can help franchisees assess the stability and potential of the Gold Star franchise in Ohio.