Who must approve the site purchased or leased for a Bananas Smoothies Frozen Yogurt Franchised Business?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–31)
What This Means (2025 FDD)
According to the 2025 Bananas Smoothies Frozen Yogurt FDD, the franchisor must approve any site that a franchisee purchases, leases, or subleases for their Bananas Smoothies Frozen Yogurt business. This approval is a condition for franchisees to proceed with a location.
This requirement means that prospective Bananas Smoothies Frozen Yogurt franchisees cannot independently select a location. Instead, they must seek approval from the franchisor before finalizing any agreement to purchase, lease, or sublease a site. This process allows Bananas Smoothies Frozen Yogurt to ensure that each location meets its standards for factors like visibility, accessibility, and market demographics.
The FDD also notes that Bananas Smoothies Frozen Yogurt's affiliates may sometimes sublease premises to franchisees. This indicates that the franchisor may have some involvement in site selection and control over certain locations. Franchisees should carefully review Item 1 and Item 9 of the FDD, as referenced in the quote, for more details on these potential subleasing arrangements.