How many Coffee News franchises were transferred in North Carolina during 2022?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| North Carolina | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 28–35)
What This Means (2025 FDD)
According to Coffee News' 2025 Franchise Disclosure Document, there was one franchise transfer in North Carolina during 2022. This means that one existing Coffee News franchise location was sold to a new owner during that year.
For a prospective franchisee, this information provides insight into the resale market for Coffee News franchises in North Carolina. A low number of transfers could indicate limited opportunities to acquire an existing franchise, or it could suggest that franchisees are generally satisfied with their businesses and choose not to sell. Conversely, a higher number might signal a more active market but could also raise questions about why franchisees are choosing to sell.
It's important to note that franchise transfers are a normal part of the franchise lifecycle. Transfers can occur for various reasons, such as the franchisee's retirement, relocation, or a change in personal circumstances. A prospective Coffee News franchisee should investigate the reasons behind any transfers in their target area to better understand the local market dynamics and the potential risks and opportunities.