How many company-owned Coffee News outlets did Coffee News reacquire from franchisees in Canada during 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| Province | Year | Outlets at Start of Year | Outlets Opened | Outlets Reaquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| None | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Totals | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
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 no Coffee News outlets reacquired from franchisees in Canada during 2024. The provided table, "Item 20 Table No. 3- C Status of Franchised Outlets in Canada 2022 -2024," details the status of franchised outlets in Canada.
The table specifically lists the number of outlets at the start and end of each year, as well as any outlets opened, reacquired from franchisees, closed, or sold to franchisees. For 2024, the table indicates that zero outlets were reacquired by Coffee News from franchisees in any province in Canada.
This information is relevant for prospective franchisees as it provides insight into the stability and changes within the Coffee News franchise system in Canada. The absence of reacquired franchises could indicate a stable franchise network, but further investigation may be warranted to understand the reasons behind franchise terminations, closures, or non-renewals, as detailed in other sections of the FDD.