How many Coffee News outlets in Michigan 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 |
|---|---|---|---|---|---|---|---|---|
| Arizon |
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 10 outlets operating in Michigan at the start of 2022. 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 valuable in understanding the historical performance and stability of Coffee News franchises in Michigan. While no new Coffee News franchises opened in Michigan during 2022, three terminations occurred, resulting in 7 outlets at the end of the year.
Tracking the number of terminations can provide insight into the challenges or opportunities within the Michigan market. A prospective franchisee should further investigate the reasons for these terminations to assess the potential risks and rewards of investing in a Coffee News franchise in Michigan. Understanding the dynamics of the market, including the reasons for terminations, can help a franchisee make informed decisions and develop strategies for success.