How many Coffee News franchises in Maine were terminated in 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
22 | 16 | | | 2023 | 16 | | | 2024 | 15 |
Item 20 Table No. 3 Status of Franchised Outlets For years 2022 -2024 Table No. 3-A The United States
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Arizona |
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 was one franchise termination in Maine during 2024. The table provided in Item 20 outlines the status of franchised outlets, including terminations, across various states. This data helps prospective franchisees understand the stability and turnover rate within the Coffee News franchise system in different regions.
Specifically, for Maine in 2024, the table shows that there were 12 outlets at the start of the year, no outlets opened during the year, and one termination. This resulted in 11 outlets at the end of 2024.
This information is valuable for potential Coffee News franchisees as it provides insight into the performance and changes within the franchise network. A low number of terminations can be seen as a positive indicator of franchisee success and satisfaction. However, it is important to consider other factors, such as the number of new outlets opened and the overall economic conditions in the area, to get a comprehensive understanding of the franchise's health in Maine.