How many Coffee News outlets opened in British Columbia during 2023?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
p>*Reallocated to another state/franchisee. Readjusted territories.*
Item 20 Table No. 3- C Status of Franchised Outlets in Canada 2022 -2024
| Province | Year | Outlets at Start of Year | Outlets Opened | Termi nation s | Non- Renewal s | Reaquired By Franchisor | Ceased Operations /Other reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alberta | 2022 | 62 | 0 | 0 | 0 | 0 | 3 | 59 |
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 3 outlets opened in British Columbia during 2023. The table provided in Item 20 of the FDD outlines the Canadian outlet summary for the years 2022-2024, showing the changes in the number of Coffee News outlets across different provinces. At the start of 2023, there were 45 outlets, and by the end of the year, the number increased to 48.
This information is valuable for potential franchisees as it provides insight into the growth and changes within the Coffee News franchise system in Canada. Specifically, it shows the level of expansion in British Columbia. Reviewing this data over several years can reveal trends and patterns in outlet openings, closures, and overall market dynamics.
Prospective franchisees should consider these figures in conjunction with other factors, such as market saturation, local economic conditions, and the level of support provided by Coffee News to its franchisees in British Columbia. Understanding these dynamics can help franchisees make informed decisions about their investment and business strategies. It's also important to note that past performance does not guarantee future results, and various factors can influence the success of a franchise.