How many Coffee News outlets were operating in Ontario at the start of 2023?
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 | 20 |
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 27 outlets operating in Ontario at the start of 2023. This information is based on the Canadian Outlet Summary provided in Item 20 of the FDD, which details the number of outlets at the start of each year, as well as changes throughout the year.
For a prospective franchisee, this number provides a snapshot of the existing Coffee News presence in Ontario at that time. It's important to note that while there were 27 outlets at the beginning of 2023, the number changed throughout the year due to openings and closures. By the end of 2023, there were 28 Coffee News outlets in Ontario, indicating a net increase of one outlet during that year.
Understanding the historical data on outlet numbers can help a potential franchisee assess the stability and growth potential of the Coffee News franchise in Ontario. It's advisable to further investigate the reasons behind any closures or changes in outlet numbers to gain a comprehensive understanding of the market dynamics and challenges in the region. This information, combined with other factors such as market demographics and competition, can inform a franchisee's decision-making process.