How many Coffee News outlets were operating in Alberta at the start of 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
| 2023 | 59 | 0 | 0 | 0 | 0 | 0 | 59 | |
| 2024 | 59 | 0 | 0 | 0 | 0 | 0 | 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 59 outlets operating in Alberta at the start of 2024. The document provides a detailed table outlining the number of outlets at the start of each year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations, and the number of outlets at the end of the year for each province. This information is crucial for prospective franchisees to understand the historical performance and stability of the Coffee News franchise in specific regions.
For Alberta, the table shows that while there were 62 outlets at the start of 2022, this number decreased to 59 by the end of 2022 due to 3 ceased operations. The number remained constant at 59 for both the start and end of 2023. This indicates that no new outlets were opened and no closures occurred during 2023. The stability in outlet numbers can be seen as a positive sign, suggesting a consistent market presence in the area.
It is important to note that the number of outlets remained at 59 at the end of 2024 as well. This data helps potential franchisees gauge the growth and attrition rates within the Alberta market. Understanding these trends is essential for making an informed decision about investing in a Coffee News franchise in Alberta, as it provides insights into the potential challenges and opportunities in that specific region.