How many company-owned Coffee News outlets were operating at the start of 2023?
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 | 2022 | 296 | 2 |
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 number of company-owned outlets operating at the start of 2023 varied between two different tables. One table, "Item 20 Table No. 4-A Status of Company-Owned Outlets in the United States," shows that there were 3 company-owned Coffee News outlets at the start of 2023. However, another table shows that there were zero company-owned Coffee News outlets at the start of 2023.
It is important to note the discrepancy between these two tables. A prospective franchisee should seek clarification from Coffee News regarding the correct number of company-owned outlets and the reasons for the difference in reporting. Understanding the company's ownership and operational strategies is crucial for making an informed investment decision.
This discrepancy highlights the importance of carefully reviewing all sections of the FDD and asking the franchisor for clarification on any inconsistencies or unclear information. While the FDD provides valuable data, it is the franchisee candidate's responsibility to conduct thorough due diligence and seek expert advice to assess the franchise opportunity fully.