Am I responsible for financing the construction of each Bananas Smoothies Frozen Yogurt Franchised Business?

You are free to purchase, lease, or sublease a site for the Franchised Business from any source, provided that any lease or sublease for the premises of the Franchised Business is approved by us. As noted in Item 1 and in Item 9 of this disclosure document, our affiliates may sometimes sublease the premises for the Franchised Business to you.

⁵ You must pay for or provide financing for the construction of each Franchised Business, including, but not limited to, the installation of fixtures, equipment, interior decor as well as design and construction. The cost of design and construction of the typical Franchised Business will vary considerably depending on the size of the restaurant, cost of local financing and other local conditions, including but not limited to, labor costs and materials as well as local building ordinances which may mandate higher construction costs. Construction costs at the lower end are based on the assumption that the location was previously a food service operation. Therefore, it is anticipated that construction in a location formerly used for food service may be completed at considerable savings over construction at a non-food service site. Each Franchised Business must be constructed in compliance with plans and specifications furnished by you subject to Landlord's and our discretion or approval.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–31)