How many Bananas Smoothies Frozen Yogurt outlets in Louisiana were operating at the end of 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 was 1 outlet operating in Louisiana at the end of 2023. The table provided in Item 20 of the FDD details the status of franchised outlets for the years ending December 2022, 2023, and 2024. It shows the number of outlets at the start of each year, any outlets opened during the year, 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.
For a prospective franchisee, this information is useful for understanding the historical performance and stability of Bananas Smoothies Frozen Yogurt outlets in Louisiana. Seeing that the number of outlets remained constant at 1 throughout 2023 suggests a stable market presence, although it also indicates no growth in that specific year. This data helps in assessing the potential market and the brand's acceptance in Louisiana.
It's important to note that while the number of outlets remained stable, this doesn't necessarily reflect the financial performance of the outlet. A prospective franchisee should investigate further into the sales figures, operational costs, and other financial metrics to get a complete picture of the business's viability in Louisiana. Additionally, understanding why no new outlets were opened in 2023 could provide valuable insights into market saturation or other limiting factors.
Overall, the information provided in Item 20 offers a snapshot of the franchise's presence in Louisiana, but further due diligence is essential to make an informed investment decision. This includes speaking with current and former franchisees, conducting market research, and carefully reviewing the financial performance representations provided in the FDD.