How many Coffee News outlets were operating in New Jersey at the end 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 | 202 |
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 10 outlets operating in New Jersey at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets at the start and end of each year, as well as any changes that occurred during the year, such as openings, terminations, or other reasons for ceasing operations.
Specifically for New Jersey, the table shows that in 2022, there were 16 outlets at the start of the year, with 6 terminations, resulting in 10 outlets at the end of the year. In both 2023 and 2024, there were 10 outlets at the start of the year, with no openings, terminations, or other changes, leaving 10 outlets at the end of each year.
This information is valuable for prospective franchisees as it provides insight into the stability and performance of Coffee News franchises in specific states. The fact that New Jersey maintained a consistent number of outlets in 2023 and 2024, with no closures or new openings, could indicate a stable market presence. However, the terminations in 2022 might warrant further investigation to understand the reasons behind those closures and whether they represent any potential risks for new franchisees.
It is important to note that this data only reflects the number of outlets and does not provide information on the financial performance or profitability of those outlets. Prospective franchisees should conduct their own due diligence and speak with current and former franchisees to gain a more comprehensive understanding of the Coffee News franchise opportunity in New Jersey.