How many Coffee News franchises in New Jersey 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 – Other
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 6 terminations of Coffee News franchises in New Jersey during 2022. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and outlets at the end of the year for each state. This data helps prospective franchisees understand the stability and turnover rate of Coffee News franchises in specific geographic areas.
For a potential Coffee News franchisee in New Jersey, this information is crucial for assessing the risks and opportunities associated with investing in that market. A high number of terminations could indicate challenges within the region, such as market saturation, economic factors, or issues with franchisor support. Conversely, a low number of terminations might suggest a stable and successful franchise environment.
It is important to note that terminations do not always equate to franchise failure. They can also result from a franchisee's decision to sell the business, retire, or pursue other opportunities. However, it is advisable for prospective franchisees to investigate the reasons behind terminations in their target area to gain a comprehensive understanding of the local market dynamics. Speaking with current and former franchisees in New Jersey can provide valuable insights into the challenges and rewards of operating a Coffee News franchise in that state.