What was the net change in the number of franchised Gold Star outlets during 2022?
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 |
|---|---|---|---|---|
| FRANCHISED | 2022 | 58 | 52 | -6 |
| 2023 | 52 | 51 | -1 | |
| 2024 | 51 | 48 | -3 | |
| COMPANY | 2022 | 7 | 7 | 0 |
| OWNED |
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 franchised outlets during 2022 was a decrease of 6 locations. At the start of 2022, there were 58 franchised Gold Star outlets, and by the end of the year, the number had decreased to 52. This represents a net reduction in the number of franchised units.
This information is crucial for prospective franchisees as it provides insight into the recent performance and stability of the Gold Star franchise system. A decrease in the number of franchised outlets could indicate potential challenges within the system, such as store closures or franchisees not renewing their agreements. It is important to note that while the total number of franchised locations decreased, this does not necessarily reflect the financial performance of individual Gold Star restaurants.
Potential franchisees should investigate the reasons behind this net change by asking Gold Star for more details. Understanding the factors that contributed to the decrease in franchised outlets can help a prospective franchisee assess the risks and opportunities associated with investing in a Gold Star franchise. This due diligence is essential for making an informed decision about joining the Gold Star franchise system.