How many company-owned Coffee News outlets were operating at the end of 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
latory agencies.
ITEM 20
Item 20 Table No. 1 Table No. 1-A United States and Central American Outlet Summary For years 2022 -2024
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Changes |
|---|---|---|---|---|
| Franchised | 2022 | 293 | 216 | -77 |
| 2023 | 216 | 191 | -25 | |
| 2024 | 191 | 168 | -23 | |
| Company- | 2022 | 3 | 3 | 0 |
| Owned | ||||
| 2023 | 3 | 3 | 0 | |
| 2024 | 3 | 3 | 3 | |
| Total Outlets |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 28–35)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, the number of company-owned outlets in the United States remained constant at zero for the years 2022, 2023 and 2024. A separate table shows the number of company-owned outlets. At the end of 2024, Coffee News operated 3 company-owned outlets.
For a prospective franchisee, this indicates that Coffee News primarily focuses on a franchise model rather than operating company-owned locations. This could mean that the franchisor's expertise and support are geared more towards franchisee success than managing their own outlets. It also suggests that Coffee News may rely on franchisees for market penetration and brand expansion.
It's important to note that the performance and strategies of franchised outlets might differ significantly from company-owned ones. A potential franchisee should consider this when evaluating the business model and support systems offered by Coffee News. Further investigation into the reasons behind the limited number of company-owned stores and their performance could provide valuable insights.