How many Coffee News outlets were opened in Indiana during 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 |
|---|---|---|---|---|---|---|---|---|
| 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 3 outlets opened in Indiana during 2023. The table provided in Item 20 of the FDD outlines the status of franchised outlets for the years 2022-2024. This table details the number of outlets at the start of the year, the number of 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 a prospective franchisee, this information is valuable in understanding the growth and stability of Coffee News in Indiana. Seeing that 3 outlets opened in 2023 suggests potential for expansion and market penetration within the state. It's also important to note the number of terminations or closures, as this can indicate the overall health and success rate of Coffee News franchises in the region. In 2023, there were 11 outlets at the start of the year and 14 at the end of the year.
It is important to consider this data in conjunction with other factors, such as local market conditions, competition, and the franchisor's support and training programs. A consistent opening of new outlets can be a positive sign, but it's crucial to assess the long-term viability and performance of these franchises. Prospective franchisees should also inquire about the reasons for any terminations or closures to gain a comprehensive understanding of the franchise's performance in Indiana.
Overall, the data suggests a moderate level of growth for Coffee News in Indiana during 2023. However, further investigation and due diligence are necessary to determine if this franchise opportunity aligns with the prospective franchisee's goals and risk tolerance.