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What was the net change in the total number of Coffee News outlets during 2023?

Coffee_News Franchise · 2025 FDD

Answer 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, there are two tables that provide conflicting information regarding the net change in the total number of outlets in 2023. One table shows only Canadian outlets, while the other shows outlets in the United States and Central America.

Specifically, one table shows that the net change in total Coffee News outlets in Canada during 2023 was an increase of 3. This is calculated from 139 outlets at the start of the year and 142 at the end of the year.

However, another table shows that the net change in total Coffee News outlets in the United States and Central America during 2023 was a decrease of 25. This is calculated from 219 outlets at the start of the year and 194 at the end of the year. It is important to note the discrepancy between these two tables, and a prospective franchisee should seek clarification from Coffee News regarding the total net change of outlets during this period.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.