How many Coffee News franchises in Michigan were terminated in 2022?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Grand Total | 2022 | 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 – Oth
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 3 terminations of Coffee News franchises in Michigan during 2022. At the start of 2022, there were 10 franchises operating in Michigan. By the end of 2022, after accounting for the terminations, there were 7 franchises operating in the state.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Coffee News franchises in Michigan. A high number of terminations could indicate issues with the market, franchisor support, or franchisee performance. Conversely, a low number of terminations might suggest a healthy and well-supported franchise system.
Prospective franchisees should investigate the reasons behind these terminations to understand any potential risks or challenges associated with operating a Coffee News franchise in Michigan. Understanding the causes of past terminations can help new franchisees avoid similar pitfalls and improve their chances of success.