In British Columbia, how many Coffee News franchises were transferred in 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| Province | Year | Number of Transfers |
|---|---|---|
| Alberta | 2022 | 0 |
| 2023 | 4 | |
| 2024 | 0 | |
| British Columbia | 2022 | 4 |
| 2023 | 0 | |
| 2024 | 6 | |
| Ontario | 2022 | 1 4 |
| 2023 | 0 | |
| 2024 | 0 | |
| Total | 2022 | 5 |
| 2023 | 4 | |
| 2024 | 6 |
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, there were 6 franchise transfers in British Columbia during 2024. This means that 6 existing Coffee News franchises in British Columbia were sold to new owners during that year.
Franchise transfers can be a normal part of the franchise lifecycle as franchisees retire, move on to other ventures, or sell their businesses for personal reasons. A high number of transfers could indicate a healthy market for existing franchises, while a low number might suggest less liquidity or demand.
For a prospective Coffee News franchisee, understanding the transfer activity in their target region is important. It can provide insights into the stability and desirability of the franchise in that area. It would be wise to investigate the reasons behind any transfers to better assess the opportunities and challenges in British Columbia.