How many Coffee News outlets were operating in Virginia at the start of 2023?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| Virginia | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 3 | 0 | 0 | 0 | 0 |
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 3 Coffee News outlets operating in Virginia at the start of 2023. The table provided in Item 20 of the FDD outlines 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 information indicates the existing market presence of Coffee News in Virginia. It shows whether the brand is growing, declining, or remaining stable in the state. The stability in Virginia, with 3 outlets at the start and end of 2023, suggests a consistent, though not expanding, market.
It is important to note that while the number of outlets remained constant in 2023, the table also shows that by 2024, the number of outlets in Virginia decreased to 0 due to 3 terminations. This could signal potential challenges or market saturation in the area, which a potential franchisee should investigate further. Understanding the reasons behind these terminations could provide valuable insights into the local market dynamics and potential risks.