What was the net change in the number of total Bananas Smoothies Frozen Yogurt outlets during 2023?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at Start of Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 14 | 16 | +2 | |
| Franchised | 2023 | 16 | 14 | -2 |
| 2024 | 14 | 14 | 0 | |
| 2022 | 9 | 8 | -1 | |
| Company | 2023 | 8 | 9 | +1 |
| Owned | 2024 | 9 | 9 | 0 |
| 2022 | 23 | 24 | +1 | |
| Total Outlets | 2023 | 24 | 23 | -1 |
| 2024 | 23 | 23 | 0 |
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, the net change in the number of total outlets during 2023 was -1. This means that the total number of Bananas Smoothies Frozen Yogurt outlets decreased by one during that year. At the start of 2023, there were 24 total outlets, and by the end of the year, the total number of outlets was 23.
Specifically, the number of franchised outlets decreased by 2, going from 16 at the start of 2023 to 14 by the end of the year. However, the number of company-owned outlets increased by 1, rising from 8 at the start of 2023 to 9 by the end of the year. The combination of these changes resulted in the net decrease of 1 total outlet for Bananas Smoothies Frozen Yogurt during 2023.
For a prospective franchisee, this information indicates a slight contraction in the overall Bananas Smoothies Frozen Yogurt system size during 2023. While not a large decrease, it could signal potential challenges or shifts in the business model that are worth investigating further. A potential franchisee may want to inquire about the reasons for the net decrease in total outlets and the decrease in franchised locations, as well as the increase in company-owned stores.