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What was the net income/loss for Coffee News in the second fiscal year presented?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, the financial statements include activities for the years 2024, 2023, and 2022. Therefore, the second fiscal year presented is 2023.
Based on the provided financial statements, Coffee News had a net income of $164,174 in 2023. This figure is calculated after accounting for total revenues of $647,141 and total expenses of $482,967.
Prospective franchisees can use this information to understand the financial performance of Coffee News over the past three years. Reviewing these figures can help potential franchisees assess the stability and profitability of the Coffee News franchise system.
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.