How many Coffee News outlets in Iowa were operating at the start of 2024?
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 |
|---|---|---|---|---|---|---|---|---|
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 6 outlets operating in Iowa at the start of 2024. The table provided in Item 20 of the FDD outlines 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 each state.
For a prospective franchisee, this information is useful in understanding the historical performance and stability of Coffee News franchises in Iowa. Knowing the number of outlets at the beginning and end of the year, as well as any changes that occurred, can provide insights into the market's growth potential and the success rate of existing franchises.
It is important to note that while there were 6 Coffee News outlets in Iowa at the start of 2024, 6 terminations occurred during 2024, resulting in 0 outlets at the end of 2024. This suggests potential challenges or market saturation in Iowa that a prospective franchisee should investigate further. Understanding the reasons behind these terminations is crucial for assessing the risks and opportunities associated with investing in a Coffee News franchise in Iowa.