How many Coffee News outlets were operating in Kentucky at the start of 2022?
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 11 outlets operating in Kentucky at the start of 2022. The table provided in Item 20 of the FDD offers a detailed overview of outlet counts, openings, terminations, and other changes across various states and years. This information is crucial for prospective franchisees to understand the brand's presence and performance in specific regions.
For a potential Coffee News franchisee in Kentucky, this data indicates an established, albeit small, presence in the state as of 2022. The fact that the number of outlets remained constant at 11 through 2023 suggests a stable market. However, the subsequent decrease to 8 outlets by the end of 2024, due to terminations, could signal emerging challenges or market saturation that a new franchisee should investigate. Understanding the reasons behind these terminations would be a key part of due diligence.
Reviewing the trends in outlet numbers, openings, and closures provides valuable insights into the stability and growth potential of the Coffee News franchise within Kentucky. This information helps potential franchisees assess the competitive landscape and the overall health of the franchise in their target market. It's also important to compare these figures with those of other states to gauge Kentucky's relative performance.
Prospective franchisees should further investigate the reasons for the terminations in 2024 to gain a deeper understanding of the market dynamics and potential challenges in Kentucky. This could involve speaking with current and former franchisees, as well as conducting independent market research to assess the local advertising market and the demand for Coffee News's services.