FranchiseVerdict
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FV-00590·MODERATEExcellent81

Coffee News

Food & Beverage - Full ServiceFranchising since 1996Website
Investment
$11K – $12K
1st pct Full Service
Avg revenue
57th pct Full Service
Royalty
Units
333
92nd pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $11K – $12K including a $10K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
  • System contracting at -31.9% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
COFFEE NEWS USA, Inc.
Incorporated in
Maine
HQ
120 Linden Street, Bangor, Maine 04401
Auditor
Edwards, Faust & Smith
Audited financials
Franchisor revenue
$468K
vs $449K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Coffee News unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $11K–$12K
Working capital
$
Item 7 didn't break this out — defaulted to ~10% of annual revenue

Unlevered ROIC · per unit

121%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$87K
Payback
10 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Coffee News franchisees distribute free weekly coffee-themed newspapers/publications to local restaurants, coffee shops, and businesses in their protected territory. Revenue derives from local business advertising sold in the publication. Day-to-day activities include sales calls to secure advertisers, printing coordination, and weekly distribution logistics.

CEO
William A. Buckley
Founded
1994
FDD year
2024
States available
25

Item 7 · what it costs

The Vitals

Total investment
$11K – $12K
All-in to open one unit
Liquid capital
Cash you must have on hand
Franchise fee
$10K
Royalty
$80 per week
Ad fund
n/d

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
333
Opened
15
Last reporting year
Closed
32
Turnover rate
9.6%
Company-owned
3
Corporate units in the system
% franchised
99%
vs corporate-owned
Net growth (yr3)
-6.2%
Net unit change last year
3-yr CAGR
-31.9%
Compounded over last 3 years
2022
333-22
Franchised units
2023
355
Franchised units
2024
489
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 27 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 27 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
6
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

64
Risk · 0-100
MODERATE64 / 100

Shrinking franchise system with undisclosed financials, high relative royalties, and potential franchisor stability concerns create material investment risk despite low absolute costs.

Score breakdown · what drove the 64 / 100 rating

  1. 01MINORUnit count declining 6.2% YoY (333 units) indicates system contraction and potential market saturation or franchisee dissatisfaction
  2. 02MEDNo Item 19 (average revenue/net income) disclosed — impossible to assess actual profitability or validate $11K investment ROI
  3. 03MINORHigh weekly royalty burden ($80/week = $4,160/year) against unknown revenue creates cash flow risk for marginal performers
  4. 04MED4-year term is short; limited runway to recoup $9,900 franchise fee plus $11-12K startup costs before renewal risk
  5. 05HIGHGoing Concern = False suggests franchisor may face operational/financial viability issues that could leave franchisees stranded

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Census-based population and restaurant count
Protected territory
Yes
Initial term
4 years
Renewal term
4 years
Online sales rights
Granted
Franchisor can compete
No
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Maine

Item 11

Training & Operations

Classroom training
18 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

95 numbers

Locked
(902) 314-••••
(604) 314-••••
(432) 238-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

Coffee News · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above