How many Coffee News outlets were terminated in Ontario during 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 2 terminations of Coffee News outlets in Ontario during 2023. The table provided in Item 20 outlines the status of franchised outlets in Canada from 2022 to 2024, offering a year-by-year breakdown of outlet activity in each province. This information is crucial for prospective franchisees as it provides insight into the stability and performance of existing Coffee News franchises in specific regions.
The data includes several key metrics, such as the number of outlets at the start and end of each year, the number of outlets opened, and the number of terminations. By examining these figures, potential franchisees can assess the growth and attrition rates of Coffee News franchises in different areas. This helps in evaluating the overall health of the franchise system and identifying potential challenges or opportunities in specific markets.
For instance, a high number of terminations in a particular province might indicate underlying issues with market saturation, operational challenges, or franchisee support. Conversely, a steady increase in the number of outlets could signal a thriving market with strong growth potential. Therefore, carefully analyzing this data is an essential step in the due diligence process for anyone considering investing in a Coffee News franchise.
Specifically, the table shows that in Ontario, the number of outlets at the start of 2023 was 27, with 3 outlets opened during the year. However, there were also 2 terminations, resulting in 28 outlets at the end of the year. This level of detail allows prospective franchisees to make informed decisions based on historical performance and trends within the Coffee News franchise system.