How many Coffee News outlets ceased operations in New Brunswick during 2022?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
p>*Reallocated to another state/franchisee. Readjusted territories.*
Item 20 Table No. 3- C Status of Franchised Outlets in Canada 2022 -2024
| 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 |
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, in 2022, 3 Coffee News outlets in New Brunswick ceased operations for other reasons, with an additional one listed as '+1'. At the start of 2022, there were 5 outlets, and after 3 ceased operations, the year concluded with 3 outlets.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Coffee News franchises in New Brunswick. A high number of ceased operations could indicate challenges within the region, such as market saturation, economic factors, or franchisor-franchisee relationship issues. Understanding these factors can help a prospective franchisee assess the risks and opportunities associated with investing in a Coffee News franchise in this area.
It is important to note the '+1' designation next to the '3' ceased operations. Further clarification from Coffee News on what this '+1' signifies would be beneficial for prospective franchisees to have a complete understanding of outlet performance in New Brunswick. This additional information could provide a more accurate picture of the challenges and successes faced by Coffee News franchises in the region.