How many franchise transfers of Bananas Smoothies Frozen Yogurt occurred in 2023?

According to Bananas Smoothies Frozen Yogurt's 2025 Franchise Disclosure Document, there were no franchise transfers to new owners in 2023. The document provides data on franchise transfers in Table No. 2, which specifically tracks transfers of franchised outlets from existing franchisees to new owners, excluding transfers involving the franchisor itself.

The table details the number of transfers for the years 2022, 2023, and 2024. For 2023, the 'Number of Transfers' is listed as 0. This indicates that during this period, no Bananas Smoothies Frozen Yogurt franchises were sold by existing franchisees to new, independent owners.

This information is crucial for potential franchisees as it can provide insights into the stability and desirability of existing Bananas Smoothies Frozen Yogurt franchises. A high number of transfers might suggest difficulties in operating the franchise, whereas a low number, as in this case, could indicate franchisee satisfaction and business viability. However, it is important to consider that a lack of transfers could also mean there's limited opportunity to acquire an existing franchise, potentially requiring new franchisees to build a location from the ground up.