What was the total number of Coffee News outlets in Florida at the end of 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
22 | 16 | | | 2023 | 16 | | | 2024 | 15 |
Item 20 Table No. 3 Status of Franchised Outlets For years 2022 -2024 Table No. 3-A The United States
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Arizona | 20 |
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, at the end of 2024, there were 17 Coffee News outlets in Florida. The table provided in Item 20 of the FDD details the changes in outlet numbers across various states.
Specifically for Florida, the table shows the progression of Coffee News outlets over three years. In 2022, Florida started with 50 outlets and ended the year with 28, after 22 terminations. In 2023, the state began with 28 outlets and ended with 17, following 11 terminations. By 2024, Florida had 17 outlets at the start of the year, experienced no openings or terminations, and concluded the year with 17 outlets.
This data indicates a significant decrease in Coffee News outlets in Florida between 2022 and 2023, but stability in 2024. A potential franchisee should investigate the reasons for the terminations in the earlier years to understand the market dynamics and challenges in Florida. Understanding these factors is crucial for assessing the risks and opportunities associated with operating a Coffee News franchise in the state.