How many Bananas Smoothies Frozen Yogurt outlets were operating in Maryland at the start of 2024?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Florida | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Louisiana | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Maryland | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
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 two outlets operating in Maryland at the start of 2024. The provided table in Item 20 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 for various states.
For a prospective franchisee, this information indicates the existing Bananas Smoothies Frozen Yogurt presence in Maryland. With two outlets already established, there may be some brand recognition in the state, but also potential competition. It is important to note that no outlets opened, terminated, or ceased operations in Maryland during 2023 or 2024, indicating a stable market presence.
This data is valuable for understanding the growth and stability of Bananas Smoothies Frozen Yogurt franchises in specific locations. Reviewing this table for other states can provide a broader picture of the franchise system's performance and potential opportunities or challenges in different markets. Prospective franchisees should further investigate the performance of the existing Maryland locations to assess the market's potential.