How many Coffee News outlets opened in Ontario 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 | 20 |
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 Ontario during 2023. The table provided in Item 20 outlines the status of franchised outlets in Canada from 2022 to 2024. In 2023, Ontario started the year with 27 outlets, opened 3, had 2 terminations, and ended the year with 28 outlets.
This information is valuable for potential franchisees as it provides a clear picture of the franchise's growth and stability in Ontario. The number of outlets opened indicates the brand's expansion in the region, while terminations could signal potential challenges or market saturation. A prospective franchisee should investigate the reasons for the terminations to better understand the market dynamics and potential risks involved.
Overall, the data suggests a modest expansion for Coffee News in Ontario during 2023. While 3 new outlets opened, 2 terminations occurred, resulting in a net increase of only 1 outlet. This information, combined with data from other provinces and states, can help potential franchisees assess the overall health and growth potential of the Coffee News franchise system.