What does the asterisk next to the 'Ceased Operations' number for Coffee News in Ontario for 2022 indicate?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
p>*Reallocated to another state/franchisee. Readjusted territories.*
Item 20 Table No. 3- C Status of Franchised Outlets in Canada 2022 -2024
| Province | Year | Outlets at Start of Year | Outlets Opened | Termi nation s | Non- Renewal s | Reaquired By Franchisor | Ceased Operations /Other reasons | Outlets at End of the Year |
|---|
Source: Item 20 — Outlets and Franchisee Information (FDD pages 28–35)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, the asterisk found next to the 'Ceased Operations' number in Ontario for 2022 indicates an area adjustment or correction in the franchise unit number. Specifically, the table shows that for Ontario in 2022, there were 22 'Ceased Operations /Other reasons' and a '-9*' adjustment.
This adjustment suggests that the initial count of ceased operations was corrected, reducing the number by 9 due to a reallocation or other adjustment. This correction could be due to territories being readjusted or franchise units being reallocated to another state or franchisee.
For a potential Coffee News franchisee, this highlights the importance of understanding how territories are defined and managed. It also shows that the numbers presented in the FDD can be subject to adjustments and corrections, which could impact the perceived stability and performance of franchise units in a given area. It would be wise for a prospective franchisee to inquire about the reasons behind such adjustments and how they might affect their own potential franchise.