How many Coffee News outlets were in operation in Nova Scotia at the end 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 | 2022 | 62 | 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 zero Coffee News outlets operating in Nova Scotia at the end of 2023. The table provided in Item 20 of the FDD details the outlet information for Nova Scotia, indicating that at the start of 2023, there was 1 outlet. During 2023, there were no outlets opened, and one termination, resulting in zero outlets at the end of the year.
This information is crucial for potential franchisees as it provides a clear picture of the brand's presence and performance in Nova Scotia. The fact that the number of outlets decreased to zero in 2023 could raise concerns about the viability of the franchise in that region. A prospective franchisee should investigate the reasons behind the termination and carefully evaluate the market conditions in Nova Scotia before investing.
It's important to note that this data reflects past performance and may not be indicative of future results. However, it serves as a valuable starting point for due diligence and further inquiry into the Coffee News franchise opportunity in Nova Scotia. A potential franchisee should speak with the franchisor and current franchisees to gain a deeper understanding of the challenges and opportunities in the region.