How many Coffee News outlets opened in British Columbia during 2024?
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, one outlet opened in British Columbia during 2024. The table provided in Item 20 of the FDD details the outlet summary for Canada between 2022 and 2024. At the start of 2024, there were 48 Coffee News outlets in British Columbia. By the end of 2024, the number of outlets increased to 49.
This information is valuable for prospective franchisees as it provides insight into the growth and changes within the Coffee News franchise system in specific regions. The data allows potential franchisees to assess the stability and expansion of the franchise in British Columbia. This can help in making an informed decision about investing in a Coffee News franchise.
It's important to note that while one outlet opened, no outlets were terminated, non-renewed, reacquired by the franchisor, or ceased operations for other reasons during 2024 in British Columbia. This suggests a stable market presence for Coffee News in the region. Reviewing these trends over multiple years, as presented in the table, offers a more comprehensive understanding of the franchise's performance and potential risks or opportunities.