How many Coffee News outlets ceased operations in Alberta during 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| Province | Year | Outlets at Start of Year | Outlets Opened | Termi nation s | Non- Renewal s | Reaquired By Franchisor | Ceased Operations /Other reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alberta | 2022 | 62 | 0 | 0 | 0 | 0 | 3 | 59 |
| 2023 | 59 | 0 | 0 | 0 | 0 | 0 | 59 | |
| 2024 | 59 | 0 | 0 | 0 | 0 | 0 | 59 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 28–35)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, there were zero Coffee News outlets in Alberta that ceased operations for other reasons during 2024. The FDD provides a table summarizing the status of franchised outlets in Canada from 2022 to 2024. This table includes data for Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Ontario, PEI, and Saskatchewan.
Specifically for Alberta, the table shows that at the start of 2024, there were 59 outlets. Throughout the year, there were no terminations, non-renewals or re acquisitions by the franchisor. Zero outlets ceased operations for other reasons. Consequently, the year concluded with 59 outlets in operation.
This data point is crucial for prospective franchisees in Alberta as it indicates stability in the market. The absence of closures suggests that existing Coffee News franchises in Alberta are maintaining their operations. This information can be reassuring for new franchisees, implying a potentially lower risk of business failure in this region compared to areas with higher closure rates.