How many franchised Bananas Smoothies Frozen Yogurt outlets were there at the start of 2022?
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 14 franchised outlets at the start of 2022. This number is based on the data provided in Item 20, which details the number of outlets at the beginning and end of each year, as well as the net change in outlets. This information is crucial for potential franchisees as it provides a snapshot of the brand's growth and stability over the past few years.
Specifically, the FDD outlines the number of franchised Bananas Smoothies Frozen Yogurt locations, company-owned locations, and the total number of outlets. The distinction between franchised and company-owned outlets is important because it can reflect the company's strategy and priorities. A higher number of franchised locations might indicate a focus on expansion through franchising, while a higher number of company-owned locations could suggest a preference for direct control and profitability.
For a prospective franchisee, understanding these numbers is essential for evaluating the potential market and competition. It also helps in assessing the franchisor's support system and the overall health of the franchise network. Reviewing the changes in outlet numbers over the years can reveal trends in growth, closures, or transfers, which can inform a franchisee's decision-making process. Therefore, carefully analyzing the data presented in Item 20 is a key step in the due diligence process before investing in a Bananas Smoothies Frozen Yogurt franchise.