How many Bananas Smoothies Frozen Yogurt outlets were operating in Tennessee at the start of 2023?
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 | |
| Tennessee | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
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 operating in Tennessee at the start of 2023. The FDD provides a table outlining the status of franchised outlets for the years ending December 2022, 2023, and 2024. This table includes details such as 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 a prospective franchisee, this information is useful in understanding the historical performance and growth of Bananas Smoothies Frozen Yogurt in specific locations. Seeing the number of outlets at the start of the year gives an indication of the brand's established presence. The table shows that the Tennessee location remained consistent throughout 2023, with no openings, terminations, or closures.
It's important to note that while the FDD provides historical data, it does not guarantee future performance. Franchisees should consider this information in conjunction with other factors, such as market research and financial projections, when evaluating the potential of a Bananas Smoothies Frozen Yogurt franchise. Further due diligence, including speaking with existing franchisees and understanding local market conditions, is essential before making a final investment decision.