What was the net change in the total number of Bananas Smoothies Frozen Yogurt outlets during 2024?
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 total number of outlets during 2024 was 0. At the start of 2024, there were 23 total outlets, and by the end of the year, the total remained at 23.
Specifically, for franchised outlets, the number remained constant at 14 throughout 2024. Similarly, the number of company-owned outlets remained stable at 9 during the same period. This indicates that no new Bananas Smoothies Frozen Yogurt locations opened or closed in 2024.
For a prospective franchisee, this data suggests stability in the Bananas Smoothies Frozen Yogurt system during 2024. However, it's important to investigate further why there was no growth. A potential franchisee should inquire about the brand's growth strategy and future plans to understand if this stability is a temporary pause or a longer-term trend.