How many Coffee News outlets in Florida were operating at the start of 2022?
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 | 20 |
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, there were 50 Coffee News outlets operating in Florida at the start of 2022. The document provides a detailed table outlining the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for various states.
For a prospective franchisee, this information is valuable in understanding the historical performance and stability of Coffee News franchises in specific regions. The Florida market, for example, saw a decrease in outlets from 50 at the start of 2022 to 28 by the end of the year, with 22 terminations. This could indicate challenges or market-specific issues that a potential franchisee should investigate further.
It's important to note that while the FDD provides historical data, it does not guarantee future performance. Factors such as local market conditions, competition, and the franchisee's management skills can significantly impact the success of a Coffee News franchise. Reviewing these figures in conjunction with other due diligence steps, such as speaking with current and former franchisees, is crucial for making an informed decision.
Overall, the data presented in Item 20 of the Coffee News FDD offers transparency into the franchise's network size and changes over time, which is essential for prospective franchisees to assess the risks and opportunities associated with investing in a Coffee News franchise.