How many Coffee News franchises in Michigan 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 |
|---|---|---|---|---|---|---|---|---|
| Arizon |
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 two terminations of Coffee News franchises in Michigan during 2024. The table provided in Item 20 of the FDD details the number of franchise terminations, non-renewals, and other changes in outlet status for each state over the past three years. This information is crucial for potential franchisees to understand the stability and turnover rate within the Coffee News franchise system.
Specifically, the data shows that Michigan had 7 outlets at the start of 2024, zero outlets opened during the year, and 2 terminations. This resulted in 5 outlets at the end of 2024.
Reviewing termination rates can help prospective franchisees assess the risks and challenges associated with operating a Coffee News franchise in a specific area. High termination rates might indicate difficulties in sustaining the business, while low rates could suggest a more stable market. It is important to note that terminations are not the only way a franchise can cease operations; non-renewals and other reasons for ceasing operations should also be considered when evaluating the overall health of the franchise system.