How many Coffee News outlets were operating in Arkansas at the start of 2024?
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 |
|---|---|---|---|---|---|---|---|---|
| Ariz |
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 Coffee News outlets operating in Arkansas at the start of 2024. This indicates a recent expansion into the state, as there were no outlets in Arkansas in 2022. By the end of 2024, the number of outlets in Arkansas had decreased back to zero due to 3 terminations.
For a prospective franchisee, this data highlights the volatility in the Arkansas market. While there was initial growth with the opening of 3 outlets in 2023, all of them closed by the end of 2024. This could be due to various factors, such as market saturation, poor performance of the franchisees, or other economic conditions specific to the region.
It is important for potential franchisees to investigate the reasons behind these terminations and assess the viability of operating a Coffee News franchise in Arkansas. Understanding the challenges faced by previous franchisees can help in making an informed decision and developing strategies to mitigate potential risks. This includes conducting thorough market research, evaluating the local competition, and assessing the demand for Coffee News in the area.