How many Coffee News franchises were transferred in Alberta during 2023?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| Province | Year | Number of Transfers |
|---|---|---|
| Alberta | 2022 | 0 |
| 2023 | 4 | |
| 2024 | 0 |
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 4 franchise transfers in Alberta during 2023. This means that four existing Coffee News franchises in Alberta were sold from one franchisee to another during that year.
Franchise transfers are a normal part of the franchise lifecycle. Transfers can occur for a variety of reasons, such as a franchisee retiring, moving, or deciding to pursue other business ventures. The number of transfers can be an indicator of the health and stability of the franchise system. A high number of transfers could indicate that franchisees are struggling or unhappy, while a low number could indicate that franchisees are successful and satisfied.
For a potential Coffee News franchisee, understanding the number of transfers can provide insights into the market dynamics in Alberta. It is important to investigate the reasons behind these transfers to assess the opportunities and challenges in that specific region. Talking to current and former franchisees in Alberta could provide valuable context.