How many Coffee News outlets were operating in New Brunswick at the end of 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
p>*Reallocated to another state/franchisee. Readjusted territories.*
Item 20 Table No. 3- C Status of Franchised Outlets in Canada 2022 -2024
| 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 |
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 New Brunswick at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, the number of outlets opened, and the number of outlets at the end of the year for each province in Canada. This information is useful for potential franchisees to understand the current market saturation and growth trends in specific regions.
Specifically for New Brunswick, the data shows that there were 3 outlets at the start of 2024, and no new outlets were opened during the year. There were also no terminations, non-renewals, re acquisitions by the franchisor, or ceased operations. This indicates a stable market presence for Coffee News in New Brunswick during 2024.
For a prospective franchisee, this information suggests that the New Brunswick market may have limited growth potential, as no new outlets were opened in 2024. However, the absence of closures also indicates a degree of stability. It would be prudent for a potential franchisee to further investigate the reasons behind the lack of growth and to assess the existing market dynamics before investing in a Coffee News franchise in New Brunswick.