According to the Coffee News FDD, how many franchises were transferred?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees that its interest in this Agreement is not transferable and shall not be sold, pledged, hypothecated, assigned or transferred without the express written consent of Franchisor, provided that Franchisor's consent shall not be unreasonably withheld.
When a transfer is granted by Franchisor, the transferee franchisee shall execute Coffee News' then current Franchise Agreement and related documents to govern the remaining term of this Agreement.
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
I am unable to provide the number of Coffee News franchises that were transferred, according to the 2025 Franchise Disclosure Document. While the document discusses the conditions and procedures for transferring a franchise, it does not state the number of transfers that have occurred. The FDD outlines the process for franchisees to seek approval for a transfer, the franchisor's rights regarding transfers, and the fees associated with a transfer. To find out the number of transfers, a prospective franchisee should ask Coffee News directly for this information, as it is a key indicator of franchise stability and franchisee satisfaction.