What was the number of Gold Star outlets in Indiana at the start of 2020?
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, there were zero Gold Star outlets in Indiana at the start of 2020. The provided table outlines the number of outlets at the start of the year, outlets opened, outlets reacquired from a franchisee, outlets closed, outlets sold to a franchisee, and outlets at the end of the year for the years 2020-2024.
For a prospective franchisee, this indicates that Indiana may be a new or emerging market for Gold Star. This could present both opportunities and challenges. The lack of existing locations might mean less brand recognition in the area, requiring more effort in marketing and establishing a customer base.
However, it could also mean less competition from existing Gold Star franchisees and more flexibility in choosing a location. It would be important for a potential franchisee to conduct thorough market research to assess the demand for Gold Star's offerings in Indiana and to understand the competitive landscape. Speaking with the franchisor about their growth strategy for Indiana would also be beneficial.