factual

Who owns the shares of Coffee News Printing, LLC?

Coffee_News Franchise · 2025 FDD

Answer from 2025 FDD Document

The shares of Coffee News Printing, LLC are 51% owned by William A. Buckley and 49% owned by Garrett Guernsey, the Chief Financial Officer of Coffee News USA, Inc.

Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 14–15)

What This Means (2025 FDD)

According to the 2025 Coffee News Franchise Disclosure Document, the ownership of Coffee News Printing, LLC is divided between William A. Buckley and Garrett Guernsey. William A. Buckley holds the majority stake with 51% of the shares. Garrett Guernsey, who also serves as the Chief Financial Officer of Coffee News USA, Inc., owns the remaining 49% of the shares.

This information is relevant for prospective franchisees as it provides insight into the relationships between Coffee News USA, Inc. and its affiliated entities. Specifically, Coffee News Printing, LLC is a key supplier of printing services, and understanding its ownership structure can help franchisees assess potential conflicts of interest or dependencies. For instance, Item 4.4 of the FDD states that franchisees must purchase printing services from Coffee News Printing, LLC for a minimum of one year from the date of the franchise agreement.

Knowing that William A. Buckley has a controlling interest in both Coffee News USA, Inc. and Coffee News Printing, LLC, and that Garrett Guernsey, the CFO of Coffee News USA, Inc., holds the remaining shares in Coffee News Printing, LLC, offers transparency into the financial and operational connections within the Coffee News franchise system. This knowledge allows potential franchisees to make informed decisions about their investment and business operations, especially concerning required vendor relationships and pricing.

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.