What was the total number of Coffee News terminations in Michigan during 2022?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Grand Total | 2022 | 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 – Oth
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, there were 3 terminations in Michigan during 2022. The table provided in Item 20 outlines outlet data, including terminations, across various states and years. This specific data point indicates the number of Coffee News franchises in Michigan that were terminated during that year.
For a prospective franchisee, this information is crucial for assessing the stability and success rate of Coffee News franchises in a particular region. A higher number of terminations might suggest challenges within that market, such as increased competition, economic downturns, or difficulties in adhering to franchise terms. Conversely, a low number of terminations could indicate a more stable and supportive environment for franchisees.
It's important to note that terminations don't always reflect negatively on the franchise system. They can occur for various reasons, including franchisees choosing to retire, pursue other business ventures, or failing to meet performance standards. However, it is essential for potential franchisees to investigate the reasons behind terminations in their target area to gain a comprehensive understanding of the local market dynamics and potential risks involved. Reviewing Exhibit E, a list of former Coffee News publishers, may provide additional insights.
While the FDD provides data on terminations, it does not offer specific reasons for each termination. Therefore, a prospective franchisee should engage in thorough due diligence, including speaking with current and former franchisees in Michigan, to gather more detailed information about the factors contributing to franchise terminations and the overall health of the Coffee News franchise system in that state.