How many Coffee News outlets were operating in New Brunswick at the start of 2022?
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 5 outlets operating in New Brunswick at the start of 2022. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations/other reasons, and outlets at the end of the year for the years 2022, 2023, and 2024.
For a prospective franchisee, this information is valuable in understanding the historical performance and stability of Coffee News franchises in New Brunswick. The fact that no new Coffee News outlets opened in New Brunswick between 2022 and 2024, and that the number of outlets decreased to 3 by the end of 2022, may warrant further investigation into the reasons behind this trend. It would be prudent to inquire about the market conditions and challenges in New Brunswick that may have contributed to the closure of some outlets.
Understanding the dynamics of outlet openings and closures can help a potential franchisee assess the risks and opportunities associated with investing in a Coffee News franchise in this particular province. It's also worth noting that while the table provides a snapshot of outlet activity, it doesn't delve into the financial performance or profitability of these locations. Therefore, a prospective franchisee should seek additional information and conduct thorough due diligence to gain a comprehensive understanding of the business potential in New Brunswick.