How many franchised Coffee News outlets were operating in Canada at the start of 2022?
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 | |
| Company- | 2022 | 0 | 0 | 0 |
| Owned | ||||
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 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, there were 194 franchised outlets operating in Canada at the start of 2022. This number is derived from the 'Item 20 Table No. 1 Table No. 1-B Canadian Outlet Summary For years 2022 -2024'.
This figure provides a snapshot of the brand's established presence in Canada at that time. However, the table also shows a decrease in the number of outlets by the end of 2022, with only 139 outlets remaining. This decrease of 55 outlets could be attributed to various factors such as closures or terminations, as detailed in the table's subsequent columns.
Prospective franchisees should consider this historical data in their evaluation. While a substantial number of outlets existed at the beginning of 2022, the net change indicates potential challenges or market adjustments within the Coffee News franchise system in Canada. Further investigation into the reasons behind the outlet decrease would be prudent to assess the stability and growth potential of the franchise in the Canadian market.