How many franchised Coffee News outlets were operating at the end 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 | 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 | 216 | -80 |
| 2023 | 219 | 194 | -25 | |
| 2024 | 194 | 171 | -23 |
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 216 franchised outlets operating at the end of 2022 in the United States and Central America. This is a net decrease of 77 outlets from the beginning of the year, which started with 293 franchised outlets. This substantial net change indicates a challenging year for the franchise system in this region.
In Canada, Coffee News had 139 franchised outlets at the end of 2022. This represents a net decrease of 55 outlets, as the year began with 194 franchised locations. Similar to the U.S. and Central America, this decrease suggests potential difficulties in maintaining or growing the franchise network within Canada during that year.
Aggregating the totals from both regions, Coffee News concluded 2022 with 355 franchised outlets. This number reflects the sum of 216 outlets in the United States and Central America and 139 outlets in Canada. The significant reduction in outlet numbers across both regions during 2022 could signal underlying issues that prospective franchisees should investigate, such as market saturation, franchisee profitability, or support system effectiveness.