How many Coffee News outlets in Illinois 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 |
|---|---|---|---|---|---|---|---|---|
| Ariz |
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 2 Coffee News outlets operating in Illinois at the start of 2022. By the end of 2022, all 2 of those locations had been terminated, leaving zero Coffee News operating in the state. There were no outlets opened during the year.
This information is crucial for prospective franchisees as it indicates the recent performance and stability of Coffee News franchises in Illinois. The fact that all locations closed within a single year could signal challenges specific to that market, such as difficulties in securing advertising clients, high operating costs, or other factors impacting profitability.
A potential franchisee should investigate the reasons for these closures and assess whether the issues have been addressed or if they pose an ongoing risk. Understanding the dynamics of the Illinois market, or lack thereof, is essential before investing in a Coffee News franchise there. It would be prudent to speak with the franchisor and perhaps former franchisees to gain deeper insights into the market conditions and challenges faced in Illinois.