What was the total number of Coffee News outlet transfers in Canada during 2022?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| Province | Year | Number of Transfers |
|---|---|---|
| Alberta | 2022 | 0 |
| 2023 | 4 | |
| 2024 | 0 | |
| British Columbia | 2022 | 4 |
| 2023 | 0 | |
| 2024 | 6 | |
| Ontario | 2022 | 1 4 |
| 2023 | 0 | |
| 2024 | 0 | |
| Total | 2022 | 5 |
| 2023 | 4 | |
| 2024 | 6 |
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 total number of outlet transfers in Canada during 2022 was 5. The data is broken down by province, with Alberta reporting 0 transfers, British Columbia reporting 4 transfers, and Ontario reporting 1 transfer, which appears to be a typo and should read as 1. The sum of these transfers equals the total of 5 transfers for Canada in 2022.
This information is relevant for prospective franchisees as it provides insight into the resale activity within the Coffee News franchise system in Canada. A higher number of transfers might indicate a more active market for existing franchises, potentially offering opportunities for new franchisees to acquire established businesses. Conversely, a low number could suggest franchisees are holding onto their businesses for longer periods.
However, it's important to note that the provided data only covers transfers from franchisees to new owners and does not include outlets reacquired by Coffee News itself. Reviewing transfer data over multiple years, as provided in the FDD, can give a more comprehensive understanding of trends and stability within the franchise system. Additionally, prospective franchisees should inquire about the reasons behind any transfers to fully assess the health and attractiveness of existing Coffee News franchises.