What was the total number of Gold Star outlets in Kentucky at the end of 2020?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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, at the end of 2020, there were three Gold Star outlets in Kentucky. At the start of 2020, there were two outlets. During that year, no outlets opened, but one was reacquired from a franchisee. There were no outlet closures or sales to franchisees during that year.
This information is valuable for prospective franchisees as it provides insight into the brand's performance and presence in specific geographic areas. The changes in outlet numbers can reflect the overall health and growth trajectory of Gold Star within Kentucky. Understanding these trends can help a potential franchisee assess the market and the stability of the franchise in that region.
It's important to note that past performance is not indicative of future results. However, this historical data offers a tangible view of Gold Star's operational changes, which can inform a franchisee's decision-making process. Reviewing these figures in conjunction with other sections of the FDD, such as financial performance representations and franchisee testimonials, will provide a more comprehensive understanding of the franchise opportunity.