How many Coffee News outlets in New Mexico were operating at the end 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 |
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 zero Coffee News outlets operating in New Mexico at the end of 2022. The provided table in Item 20 details the outlet information by state, year, and changes in outlet numbers. Specifically, for New Mexico in 2022, the table shows that there was 1 outlet at the start of the year, no outlets opened during the year, 1 termination, and therefore zero outlets at the end of the year.
This information is crucial for prospective franchisees as it provides a clear picture of the brand's presence and performance in specific states. The fact that New Mexico had a net loss of one outlet and ended the year with zero operating outlets could indicate challenges or market saturation in that region. A potential franchisee should investigate the reasons behind the termination to assess the risks and opportunities in New Mexico.
It's important to note that past performance does not guarantee future success. However, understanding the historical trends in outlet numbers can help a franchisee make an informed decision about entering a particular market. Further research and due diligence, including speaking with current and former franchisees, are essential to evaluate the potential for success with a Coffee News franchise in New Mexico or any other location.