How many Coffee News outlets in Oklahoma were operating at the start of 2023?
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 was one outlet operating in Oklahoma at the start of 2023. The table provided in Item 20 of the FDD details the status of franchised outlets for the years 2022-2024, broken down by state. This information is crucial for prospective franchisees as it offers a clear picture of the brand's presence and stability in specific regions.
Specifically, the table shows that Oklahoma had one outlet at the start of 2022, which remained constant through 2023 and 2024. This suggests a stable but limited presence in the state. A potential franchisee might interpret this as either a market with untapped potential or a region where the Coffee News business model faces challenges.
It's important to note that while the number of outlets remained consistent, this data does not reveal details about the performance or profitability of the Oklahoma outlet. A prospective franchisee should investigate further to understand the factors contributing to the lack of growth and assess the market conditions in Oklahoma. Speaking with the current franchisee in Oklahoma, if possible, could provide valuable insights.
Overall, the information in Item 20 provides a starting point for understanding Coffee News's footprint in Oklahoma. However, further due diligence is necessary to determine whether this market presents a viable opportunity for a new franchisee.