Does Bananas Smoothies Frozen Yogurt allow for the franchise agreement to be executed electronically?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
A facsimile signature, including photocopied, faxed and electronically transmitted (such as PDF) copies of a signature, is binding to the same extent as an original signature and shall be deemed an original signature with regard to this Deposit Agreement and all Riders and any Amendments hereto. The parties further agree that this Deposit Agreement may be executed electronically by any means Everything Yogurt
Brands, LLC chooses, and if by electronic signature, the electronic signature shall be binding to the same extent as an original signature and shall be deemed an original signature with regard to this Deposit Agreement and all Riders, Amendments or Addenda hereto. You are not entitled to challenge the validation or authenticity of the electronic signature or the document on the ground that it is not the original.
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 Bananas Smoothies Frozen Yogurt FDD, the deposit agreement, along with any riders and amendments, can be executed electronically. The FDD states that a facsimile signature, including photocopied, faxed, and electronically transmitted copies such as PDFs, is considered binding to the same extent as an original signature.
Bananas Smoothies Frozen Yogurt also allows the deposit agreement to be executed electronically by any means they choose. If an electronic signature is used, it holds the same weight as an original signature for the deposit agreement, riders, amendments, or addenda.
As a prospective franchisee, this means you may be able to complete the initial deposit agreement and related documents remotely, which can expedite the initial steps of securing your franchise. You also waive the right to challenge the validity or authenticity of the electronic signature or document based on it not being an original.