What was the net change in the number of company-owned Gold Star outlets during 2023?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet type | YEAR | Outlets at the start of the year | Outlets at the end of the year | Net change |
|---|---|---|---|---|
| COMPANY | 2022 | 7 | 7 | 0 |
| OWNED | ||||
| 2023 | 7 | 8 | 1 | |
| 2024 | 8 | 9 | 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, the net change in the number of company-owned outlets during 2023 was an increase of 1. Specifically, the number of company-owned Gold Star outlets started at 7 at the beginning of 2023 and ended the year at 8.
This indicates a slight expansion of Gold Star's company-owned operations during that year. For a prospective franchisee, this could suggest that Gold Star is still invested in its own corporate store model, which may allow the franchisee to learn best practices from these locations.
However, it's important to note that while there was a net increase, the table provided also shows that in Ohio, Gold Star opened one outlet and reacquired one from a franchisee, while also closing one outlet in Kentucky. This level of detail provides a more granular view of the changes within the company-owned store network.