How many Coffee News outlets were operating in Kentucky 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 |
|---|---|---|---|---|---|---|---|---|
| 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 Coffee News outlets operating in Kentucky at the start of 2024. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, 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 each state. This information is presented for the years 2022, 2023, and 2024.
For a prospective franchisee, this data offers insight into the stability and growth of Coffee News in Kentucky. The fact that the number of outlets remained constant from 2022 to 2023 suggests a stable market presence. However, the decrease in outlets by the end of 2024, due to terminations, could indicate potential challenges or market saturation that a new franchisee should investigate further.
It is important to note that while the number of outlets at the start of 2024 is provided, the reasons for the subsequent terminations are not detailed in this table. A prospective franchisee should inquire about the reasons for these terminations to better understand the market dynamics and potential risks in Kentucky. Understanding these factors can help in making an informed decision about investing in a Coffee News franchise in that state.