How many Gold Star outlets opened in Ohio during 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, one Gold Star outlet opened in Ohio during 2024. The table provided in Item 20 details the status of outlets, showing that at the start of 2024 there were 7 outlets in Ohio, and one new outlet was opened, bringing the total to 8 by the end of the year.
This information is crucial for potential franchisees as it provides insight into the brand's growth and presence in specific regions. Knowing the number of new openings can indicate the level of market saturation and the potential for further expansion in Ohio. A single opening may suggest a stable market or a cautious approach to growth in the area.
Prospective franchisees should consider this data in conjunction with other factors, such as local market conditions and competition, to assess the viability of opening a Gold Star franchise in Ohio. Further research into the reasons behind the number of openings, such as market demand or strategic decisions by the franchisor, would be beneficial.