How many Bananas Smoothies Frozen Yogurt outlets in Florida were terminated in 2023?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
3** Status of Franchised Outlets For Years Ending December 2022, 2023 and 2024
| Location | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Colorado | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 3 |
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 zero terminations of Bananas Smoothies Frozen Yogurt outlets in Florida during 2023. The provided table outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
Specifically, for Florida in 2023, the table shows 3 outlets at the start of the year, 0 outlets opened, 0 terminations, 0 non-renewals, 0 outlets reacquired by the franchisor, 0 outlets that ceased operations for other reasons, and 3 outlets at the end of the year. This indicates that no Bananas Smoothies Frozen Yogurt franchises in Florida were terminated during that year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of existing Bananas Smoothies Frozen Yogurt franchises. A low number of terminations can be seen as a positive indicator, suggesting that franchisees are generally successful and satisfied with their investment. However, it is important to consider this data in conjunction with other factors, such as the number of new openings and non-renewals, to get a comprehensive understanding of the franchise system's health.