How many Coffee News outlets ceased operations for other reasons in Missouri during 2023?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
22 | 16 | | | 2023 | 16 | | | 2024 | 15 |
Item 20 Table No. 3 Status of Franchised Outlets For years 2022 -2024 Table No. 3-A The United States
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Ariz |
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, in 2023, 3 Coffee News outlets in Missouri ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor. This means that the outlets closed for a variety of other possible reasons. At the start of 2023, there were 8 outlets, and after the 3 closures, there were 5 outlets at the end of the year.
This information is crucial for potential franchisees in Missouri as it provides insight into the stability and potential challenges within the Missouri market. Understanding why these outlets ceased operations—whether due to local market conditions, personal reasons of the franchisees, or other factors—can help a new franchisee prepare for and mitigate similar risks. It's important to note that 'other reasons' is a broad category, and further investigation may be warranted to understand the specific causes.
Prospective franchisees should inquire with Coffee News about the specific reasons for these closures to gain a clearer understanding. While the FDD provides historical data, speaking with current and former franchisees in Missouri, as listed in Exhibits D and E, could offer valuable qualitative insights into the challenges and opportunities in that specific region. This due diligence can contribute to a more informed decision about investing in a Coffee News franchise in Missouri.