How many Coffee News outlets closed in Maine 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 |
|---|---|---|---|---|---|---|---|---|
| Arizona |
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 no Coffee News outlets that closed in Maine during 2023. The FDD provides data on outlet openings, closures, and transfers. The table specifically lists the number of outlets at the start and end of each year, as well as any changes due to terminations, non-renewals, or other reasons.
Specifically, for Maine in 2023, the number of outlets remained constant. The table shows 12 outlets at the start of the year and 12 outlets at the end of the year, with zero changes reported for terminations, non-renewals, re acquisitions by the franchisor or other reasons. This indicates a stable market presence for Coffee News in Maine during that period.
Prospective franchisees can use this information to assess the stability and performance of Coffee News franchises in specific regions. A history of stable or growing outlet numbers may indicate a healthy market and strong franchisee support. Conversely, a high number of closures could signal potential challenges or risks in that area. Reviewing these trends over multiple years, as presented in the FDD, provides a more comprehensive understanding of the franchise's performance and sustainability.