How many Coffee News outlets were operating in Oklahoma at the end 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 |
|---|---|---|---|---|---|---|---|---|
| Ariz |
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 was 1 Coffee News outlet operating in Oklahoma at the end of 2023. The table provided in Item 20 of the FDD details the status of franchised outlets for the years 2022 through 2024, broken down by state. This includes the number of outlets at the start of the year, outlets opened, terminations, non-renewals, re acquisitions by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
Specifically for Oklahoma, the data shows that in 2022 there was 1 outlet at the start of the year and 1 at the end of the year. In 2023, there was 1 outlet at the start of the year and 1 at the end of the year. In 2024, there was 1 outlet at the start of the year and 1 at the end of the year. There were no outlets opened, terminations, non-renewals, re acquisitions by the franchisor, or outlets that ceased operations for other reasons in Oklahoma during this period.
For a prospective franchisee, this indicates stability in the Oklahoma market, with no openings or closures reported for Coffee News during the 2022-2024 period. However, it also suggests limited growth potential, as no new outlets were opened during this time. A potential franchisee should further investigate the reasons behind the lack of growth and assess the market conditions in Oklahoma to determine if there is an opportunity for expansion.