How many Coffee News outlets were operating in Michigan at the start of 2023?
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 |
|---|---|---|---|---|---|---|---|---|
| Arizon |
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 7 outlets operating in Michigan at the start of 2023. This number is down from 10 at the start of 2022, with 3 terminations during 2022.
For a prospective franchisee, this data indicates a recent reduction in the number of Coffee News outlets in Michigan. While no new outlets opened in 2023, the number remained stable at 7 by the end of the year. This could suggest a period of consolidation or market adjustment within the state.
A potential franchisee should investigate the reasons behind the terminations in 2022 to understand the challenges and opportunities in the Michigan market. Understanding the local market dynamics and the reasons for previous closures can inform a franchisee's business strategy and risk assessment.