How many Coffee News outlets were operating in New Jersey 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 |
|---|---|---|---|---|---|---|---|---|
| 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 Coffee News outlets operating in New Jersey at the start of 2023. This number is based on the table provided in Item 20 of the FDD, which 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.
For a prospective franchisee, this indicates the existing market presence of Coffee News in New Jersey. It shows that Coffee News had a presence in the state, which could be beneficial in terms of brand recognition. However, the fact that no new outlets opened and no outlets closed during 2023 suggests a stable but not necessarily growing market within the state during that period.
It is important to note that while the number of outlets remained constant from the start to the end of 2023, six terminations occurred in 2022, reducing the number of outlets from 16 to 10. This could be a point of further investigation for a potential franchisee to understand the reasons behind these terminations and whether they reflect any challenges or opportunities within the New Jersey market. Understanding the dynamics of outlet changes can provide valuable insights into the stability and potential for growth in the region.