How many Bananas Smoothies Frozen Yogurt outlets opened in New Jersey during 2022?
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 one outlet opened in New Jersey during 2022. At the start of 2022, there was one outlet. By the end of 2022, there were two outlets.
This indicates a potential for growth within the New Jersey market. However, prospective franchisees should investigate the reasons behind the changes in outlet numbers in subsequent years to understand the market dynamics better.
Understanding the factors that influence outlet openings and closures can help a franchisee make informed decisions and develop strategies for success in the Bananas Smoothies Frozen Yogurt system.