Under what circumstances are former Coffee News publishers included in Exhibit E?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
The information of former Coffee News publishers who had an outlet terminated, canceled, not Renewed, or otherwise voluntarily or involuntarily ceased to do business under the Franchise agreement during the period January 1, 2024 and December 31, 2024 or who has not communicated with the us within ten weeks of the application date in disclosed in Exhibit E, a list of former Coffee News publishers, which is attached to this disclosure document.
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, Exhibit E lists former Coffee News publishers under specific circumstances. This exhibit includes information on publishers who had their outlet terminated, canceled, not renewed, or otherwise ceased business operations under the Franchise Agreement between January 1, 2024, and December 31, 2024. Additionally, Exhibit E includes former publishers who have not communicated with Coffee News within ten weeks of the application date.
This information is crucial for potential franchisees as it provides insight into the turnover and stability within the Coffee News franchise system. Reviewing Exhibit E can help a prospective franchisee understand the reasons why publishers may have left the system, whether voluntary or involuntary. It also highlights the importance of maintaining communication with Coffee News to avoid being listed as a former publisher due to lack of contact.
It's important to note that the FDD also mentions that current and former publishers may have signed confidentiality clauses, which could restrict their ability to openly discuss their experiences with Coffee News. This means that while Exhibit E provides a list of former publishers, a potential franchisee may encounter limitations in gathering comprehensive feedback from them due to these legal agreements. Therefore, prospective franchisees should consider this when conducting their due diligence and seeking information from both current and former Coffee News publishers.