How many company-owned Coffee News outlets were sold to franchisees by Coffee News in Canada during 2023?
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 company-owned outlets sold to franchisees in Canada during 2023. The table provided in Item 20 specifically tracks the status of company-owned outlets in Canada.
The table shows that for the year 2023, under the column "Outlets Sold to Franchisee," the value is 0. This indicates that Coffee News did not sell any of its company-owned outlets to franchisees in Canada during that year.
This information is useful for potential franchisees as it provides insight into the company's strategy regarding company-owned stores. The absence of sales could suggest a preference for maintaining company-owned operations or a lack of suitable candidates for purchasing existing outlets.