What was the total net change in the number of all Gold Star outlets (franchised and company-owned) during 2022?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| TOTAL | 2022 | 65 | 59 | -6 |
|---|---|---|---|---|
| 2023 | 59 | 59 | 0 | |
| 2024 | 59 | 57 | -2 |
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 total net change in the number of all Gold Star outlets, including both franchised and company-owned, was a decrease of 6 units during 2022. This means that the total number of Gold Star locations open and operating decreased by 6 during that year.
Specifically, the number of franchised Gold Star outlets decreased by 6, from 58 at the start of 2022 to 52 at the end of the year. Meanwhile, the number of company-owned Gold Star outlets remained constant at 7 throughout 2022.
For a prospective franchisee, this information indicates a contraction in the number of Gold Star units. While not necessarily alarming, it would be prudent to investigate the reasons behind this net decrease. Understanding whether these closures were due to poor performance, strategic decisions, or other factors is crucial for assessing the stability and growth potential of the Gold Star franchise system.