At the end of 2022, how many Bananas Smoothies Frozen Yogurt outlets were operating in Virginia?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
** Status of Company-Owned Outlets For Years Ending December 2022, 2023 and 2024
| Outlets at Start | Outlets | Outlets Reacquired From | Outlets | Outlets Sold to | Outlets At End Of The | ||
|---|---|---|---|---|---|---|---|
| State | Year | of Year | Opened | Franchisee | Closed | Franchisee | Year |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| California | 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–57)
What This Means (2025 FDD)
According to Bananas Smoothies Frozen Yogurt's 2025 Franchise Disclosure Document, there were 2 outlets operating in Virginia at the end of 2022. The provided table in Item 20 of the FDD details the number of outlets that were open at the start of the year, the number of outlets opened, reacquired, or closed during the year, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information is useful in understanding the brand's presence and performance in specific geographic areas. The table shows that no Bananas Smoothies Frozen Yogurt outlets opened, were reacquired, or closed in Virginia during 2022.
Reviewing this type of data over several years, as provided in the FDD, can reveal trends in the brand's expansion or contraction within a state. This can help a potential franchisee assess the stability and growth potential of the franchise in a particular market.