What was the total number of Coffee News outlets at the end of 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
latory agencies.
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. 1-B Canadian 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 | 194 | 139 | -55 | | | 2023 | 139 | 142 | -3 | | | 2024 | 142 | 139 | -3 | | Company- | 2022 | 0 | 0 | 0 | | Owned | | | | | | | 2023 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | | Total Outlets | 2022 | 194 | 139 | -55 | | | 2023 | 139 | 142 | 3 | | | 2024 | 142 | 139 | -3 |
Item 20 Table No. 2 Transfers of Outlets from Franchisees to new Owners (other than the Franchisor) For years 2022 -2024
Table No. 2-A United States
| State | Year | Number of Transfers |
|---|---|---|
| Indiana | 2022 | 3 |
| 2023 | 0 | |
| 2024 | 0 | |
| Maine | 2022 | 5 |
| 2023 | 1 | |
| 2024 | 9 | |
| Michigan | 2022 | 2 |
| 2023 | 0 | |
| 2024 | 0 | |
| Missouri | 2022 | 0 |
| 2023 | 10 | |
| 2024 | 0 | |
| New Hampshire | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| North Carolina | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Total Transfers in the United States | 2022 | 11 |
| 2023 | 12 | |
| 2024 | 9 |
**Item 20 Table No. 2 Transfers of Outlets from Franchisees to new Owners (other than the Franchisor)
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 outlets at the end of 2024 was 171 in the United States and Central America. This number is comprised of 168 franchised outlets and 3 company-owned outlets. This represents a net decrease of 23 outlets from the beginning of the year, which started with 194 total outlets.
In Canada, the total number of Coffee News outlets at the end of 2024 was 139. All of these were franchised, as there were no company-owned outlets. This represents a net decrease of 3 outlets from the beginning of the year, which started with 142 total outlets.
Combining the totals from the United States, Central America, and Canada, the grand total of Coffee News outlets at the end of 2024 was 307. This is a decrease from the 333 outlets at the start of the year. Potential franchisees should consider the trend of outlet closures when evaluating this franchise opportunity.