What was the total net change in the number of Gold Star outlets (franchised and company-owned) during 2024?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
4401, the Federal Trade Commission, and the appropriate state regulatory agencies.
Item 20
Outlets and Franchise Information
TABLE NO. 1
SYSTEM WIDE OUTLET SUMMARY
FOR 2022 - 2024
| 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 |
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 Gold Star outlets, including both franchised and company-owned, was a decrease of 2 units during 2024. Specifically, the total number of outlets at the start of 2024 was 59, and by the end of the year, it decreased to 57.
Breaking this down further, the number of franchised Gold Star outlets experienced a net decrease of 3 units during 2024. The number of franchised outlets started at 51 and ended the year at 48. Meanwhile, company-owned Gold Star outlets saw a net increase of 1 unit, growing from 8 at the beginning of 2024 to 9 by the year's end.
For a prospective franchisee, this data indicates a slight contraction in the overall Gold Star system size during 2024. While the company-owned side experienced growth, the franchised side saw a decline. This could be due to closures, non-renewals, or transfers of existing franchises. It would be prudent for potential franchisees to investigate the reasons behind these changes and understand the dynamics of the Gold Star franchise network.