How many Coffee News outlets were in operation in PEI at the start of 2022?
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 |
|---|
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 2 Coffee News outlets in operation in Prince Edward Island (PEI) at the start of 2022. The FDD provides a detailed table outlining the number of outlets at the start of each year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations, and the number of outlets at the end of the year for various provinces in Canada.
Specifically for PEI, the table shows that in 2022, there were 2 outlets at the start of the year, no outlets opened, and no outlets closed, resulting in 2 outlets at the end of the year. This indicates a stable presence of Coffee News in PEI during that period. The numbers remained consistent through 2023 and 2024, with 2 outlets at the start and end of each year.
This information is valuable for prospective franchisees as it provides insight into the historical performance and stability of Coffee News in specific regions. It's important to note that past performance is not necessarily indicative of future results, but it can offer a general understanding of the brand's presence and growth (or lack thereof) in a particular market. A potential franchisee should further investigate the reasons behind these numbers and consider the local market conditions in PEI before making a decision.