At the end of 2024, how many franchised Coffee News outlets were operating in Canada?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Changes |
|---|---|---|---|---|
| Franchised | 2022 | 194 | 139 | -55 |
| 2023 | 139 | 142 | -3 | |
| 2024 | 142 | 139 | -3 |
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, at the end of 2024, there were 139 franchised Coffee News outlets operating in Canada. This is according to Item 20 Table No. 3-C, which summarizes the status of franchised outlets in Canada for the years 2022-2024. The table shows that at the start of 2024, there were 142 franchised outlets, 1 outlet was opened, 4 outlets closed, resulting in 139 outlets at the end of the year.
This information is valuable for potential Coffee News franchisees as it provides a clear picture of the franchise's presence and performance in Canada. The decrease of 3 outlets during 2024 could indicate market saturation, franchisee challenges, or other factors that prospective franchisees should investigate further. It's important to note that these figures represent the total number of outlets across all provinces in Canada.
Prospective franchisees should consider these trends when evaluating the Coffee News franchise opportunity. While the overall number of outlets provides a general overview, further research into specific regions and the reasons behind outlet closures would offer a more comprehensive understanding of the Canadian market. This due diligence can help potential franchisees make informed decisions about their investment and business strategy.