What was the net change in the number of franchised Coffee News outlets during 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
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ITEM 20
Item 20 Table No. 1 Table No. 1-A United States and Central American Outlet Summary For years 2022 -2024
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Changes |
|---|---|---|---|---|
| Franchised | 2022 | 293 | 216 | -77 |
| 2023 | 216 | 191 | -25 | |
| 2024 | 191 | 168 | -23 | |
| Company- | 2022 | 3 | 3 | 0 |
| Owned | ||||
| 2023 | 3 | 3 | 0 | |
| 2024 | 3 | 3 | 3 | |
| Total Outlets | 2022 | 296 | 216 | -80 |
| 2023 | 219 | 194 | -25 | |
| 2024 | 194 | 171 | -23 |
**Item 20 Table No. 1 Table No.
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, the net change in the number of franchised outlets during 2024 varied depending on the geographic region. One table provides data that includes the United States and Central America, while another provides data for Canada.
For the United States and Central America, the number of franchised Coffee News outlets decreased by 23 in 2024. There were 191 franchised outlets at the start of the year and 168 at the end of the year. This decrease is calculated by subtracting the number of outlets at the end of the year from the number at the start of the year.
In Canada, the number of franchised Coffee News outlets decreased by 3 in 2024. The number of outlets at the start of the year was 142, and the number at the end of the year was 139. This information is crucial for potential franchisees to understand the recent trends in outlet numbers, which could reflect the overall health and growth of the Coffee News franchise system in different regions.