How many franchised Bananas Smoothies Frozen Yogurt outlets were operating at the start of 2023?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at Start of Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 14 | 16 | +2 | |
| Franchised | 2023 | 16 | 14 | -2 |
| 2024 | 14 | 14 | 0 |
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 16 franchised outlets operating at the start of 2023. This number reflects the total number of franchised locations open and operating under the Bananas Smoothies Frozen Yogurt brand as of January 1, 2023. This information is crucial for potential franchisees as it provides a snapshot of the brand's established presence and scale at that specific time.
The FDD also indicates that during 2023, the number of franchised outlets decreased by 2, ending the year with 14 locations. This decrease could be due to various factors such as terminations, non-renewals, or other reasons for ceasing operations. Understanding these changes in outlet numbers can help a prospective franchisee assess the stability and growth trends of the Bananas Smoothies Frozen Yogurt franchise system.
Analyzing the number of outlets at the start and end of the year, along with the net change, provides valuable insight into the dynamics of the franchise network. Potential franchisees should further investigate the reasons behind outlet changes to gain a comprehensive understanding of the franchise's performance and potential challenges. This information, combined with other factors such as location performance and market conditions, can aid in making an informed investment decision.