How many Coffee News outlets were operating in South Carolina at the end of 2022?
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 | 2 |
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 outlet operating in South Carolina at the end of 2022. At the start of 2022, there were 4 outlets. During 2022, 3 outlets were terminated, resulting in the single remaining outlet at the end of the year.
It is important to note the trend in South Carolina, as the number of Coffee News outlets has decreased to zero by the end of 2024. This suggests potential challenges or market saturation in the area. A prospective franchisee should investigate the reasons for these closures and assess the viability of operating a Coffee News franchise in South Carolina or similar markets.
Monitoring the number of terminations and closures is crucial for assessing the stability and growth potential of a Coffee News franchise in a specific region. Prospective franchisees should carefully analyze these trends and discuss them with the franchisor to gain a comprehensive understanding of the market dynamics and potential risks involved.