What was the total number of Gold Star outlets in Ohio 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 7 Gold Star outlets in Ohio at the start of 2020. This information is part of a table that tracks outlet data by state and year. The table also shows changes in outlet numbers due to openings, acquisitions, closures, and sales.
For a prospective franchisee, this historical data provides insight into the brand's presence and performance in specific regions. Seeing the number of outlets at the beginning of the year gives a baseline for understanding growth or decline. It's important to note that this data only reflects the number of outlets and doesn't provide information on their financial performance or other key metrics.
Reviewing this table, a potential franchisee can see how the number of Gold Star locations in Ohio has changed over the past five years. This can help in assessing the stability and growth potential of the market. Further research into the reasons behind any changes in outlet numbers would be beneficial in making an informed investment decision.