How many Bananas Smoothies Frozen Yogurt outlets were reacquired from franchisees in Pennsylvania during 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 outlets reacquired from franchisees in Pennsylvania during 2023. The table provided in Item 20 of the FDD outlines the status of franchised outlets for the years 2022, 2023, and 2024, showing the number of outlets at the start and end of each year, as well as changes due to openings, terminations, non-renewals, re acquisitions by the franchisor, and other reasons for ceasing operations.
Specifically, for Pennsylvania in 2023, the table indicates that there was 1 outlet at the start of the year, no outlets were opened, there were no terminations or non-renewals, and the franchisor did not reacquire any outlets. Additionally, no outlets ceased operations for other reasons. Consequently, the number of outlets at the end of 2023 remained at 1.
This information is crucial for potential franchisees as it provides insight into the stability and changes within the Bananas Smoothies Frozen Yogurt franchise system. The absence of re acquisitions in Pennsylvania during 2023 might suggest a stable franchise environment in that state. However, prospective franchisees should also consider other factors, such as the number of terminations and non-renewals in other states, to gain a comprehensive understanding of the franchise's overall health and franchisee satisfaction.