How many Gold Star outlets were transferred from franchisees to new owners in Kentucky during 2023?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| STATE | YEAR | Number of transfers |
|---|---|---|
| KENTUCKY | 2022 | 0 |
| 2023 | 3 | |
| 2024 | 1 | |
| OHIO | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| TOTAL | 2022 | 1 |
| 2023 | 3 | |
| 2024 | 1 |
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 3 transfers of Gold Star outlets from franchisees to new owners in Kentucky during 2023. This information is detailed in Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor or its affiliates. The table provides a breakdown by state and year for the period of 2022-2024.
For a prospective franchisee, this data indicates the level of franchise resales within the Gold Star system. A higher number of transfers could suggest a more active market for existing franchises, potentially offering opportunities to acquire an established Gold Star location. However, it could also signal potential challenges faced by existing franchisees, leading them to sell their businesses.
It's important to note that this table only accounts for transfers to new owners other than Gold Star itself. Transfers back to the company are reported separately in Table No. 4, which tracks the status of company-owned outlets. Reviewing both tables provides a more complete picture of outlet transitions within the Gold Star franchise system. A prospective franchisee should investigate the reasons behind these transfers to assess the health and stability of the franchise network in specific geographic areas.