What was the total number of Coffee News outlets at the end of 2024 in Canada?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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 franchised Coffee News outlets in Canada at the end of 2024 was 139. This is based on the data provided in Item 20, which details the status of franchised outlets in Canada from 2022 through 2024. The data shows that at the start of 2024, there were 142 franchised outlets, 1 outlet opened, 4 terminations, and at the end of the year, there were 139 outlets. There were no company-owned Coffee News outlets in Canada during this period.
Specifically, the table provides a breakdown by province. Alberta had 59 outlets at the end of 2024, British Columbia had 49, Manitoba had 2, New Brunswick had 3, Newfoundland & Labrador had 0, Nova Scotia had 0, Ontario had 24, PEI had 2, and Saskatchewan had 0. This detailed breakdown allows prospective franchisees to see the geographic distribution of Coffee News franchises across Canada and identify potential markets for growth or areas where the brand may be less established.
It is important to note that the number of outlets can fluctuate due to various factors, including terminations and new openings. For Coffee News, the overall trend in Canada from 2023 to 2024 shows a slight decrease in the number of franchised outlets, from 142 to 139. Prospective franchisees should investigate the reasons behind terminations in specific regions to better understand the market dynamics and potential challenges in those areas. This information can be valuable in assessing the risks and opportunities associated with investing in a Coffee News franchise in Canada.