What factors does Bananas Smoothies Frozen Yogurt consider when evaluating a proposed site?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
- 5.2 Site Evaluation. Franchisor will evaluate all proposed Sites and all Sites are subject to Franchisor's prior written acceptance. In evaluating a Site that Developer proposes, Franchisor will consider such matters as demographic characteristics of the proposed site, traffic patterns, land use and zoning, licensing and regulatory concerns, residential and recreational quality, parking, character of the neighborhood, renovation and construction concerns, competition from other facilities in the area, the proximity to other facilities, the nature of other businesses and EYB Concepts in proximity to the Site and other commercial and residential characteristics (including the purchase price, rental obligations and other lease or acquisition terms for the proposed Site), and the size, appearance and other physical characteristics of the Site. Developer agrees to obtain Franchisor's prior written consent to the Site before Developer signs any lease for, or a binding purchase agreement for, the proposed Site.
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 Bananas Smoothies Frozen Yogurt FDD, the franchisor evaluates proposed sites based on a variety of factors. These include the demographic characteristics of the site, traffic patterns, land use and zoning regulations, and any licensing or regulatory concerns. The franchisor also considers the residential and recreational quality of the area, parking availability, and the overall character of the neighborhood.
In addition to these factors, Bananas Smoothies Frozen Yogurt assesses renovation and construction concerns, competition from other facilities in the area, and the proximity to other facilities. The nature of other businesses and existing Bananas Smoothies Frozen Yogurt locations near the proposed site are also taken into account. The franchisor also evaluates commercial and residential characteristics, including the purchase price, rental obligations, and other lease or acquisition terms for the proposed site.
Finally, Bananas Smoothies Frozen Yogurt considers the physical characteristics of the site, such as its size and appearance. The franchisee must obtain the franchisor's written consent before signing any lease or binding purchase agreement for the proposed site. However, the FDD states that the franchisor may withhold consent for any reason they deem to be based on its good faith business judgment. Franchisees should note that the franchisor's acceptance of a site does not guarantee profitability or success.