How many Coffee News outlets ceased operations in Newfoundland & Labrador in 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 |
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, six outlets in Newfoundland & Labrador ceased operations in 2022. The FDD provides data on outlet status changes across various regions. At the start of 2022, there were six Coffee News outlets in Newfoundland & Labrador. During that year, no new outlets opened, and six ceased operations, resulting in zero outlets by the end of the year.
This information is crucial for potential franchisees as it offers insights into the stability and performance of Coffee News franchises in specific geographic areas. A high number of closures could indicate challenges in maintaining profitable operations in that region. Conversely, a low number of closures might suggest a more stable market.
Prospective franchisees should investigate the reasons behind the closures in Newfoundland & Labrador. Understanding the factors that led to these closures can help franchisees make informed decisions about the potential risks and opportunities associated with investing in a Coffee News franchise in similar markets. This includes assessing local market conditions, competition, and the effectiveness of the franchisor's support in that area.
It is also important to note that the FDD includes additional tables and exhibits, such as Exhibit D and Exhibit E, which provide further details on current and former Coffee News publishers. Reviewing these resources and speaking with both current and former franchisees can provide a more comprehensive understanding of the franchise system's performance and potential challenges.