To whom do I pay for the initial franchise fee for a Bananas Smoothies Frozen Yogurt franchise?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
on the territory requested.
Note 2: If you participate in the Area Development Program you must own and operate a minimum of two franchised locations. Included in the amount set forth is the full franchise fee of $25,000 USD for each of the two Green Leaf's Beyond Great Salads and/or Bananas Smoothies & Frozen Yogurt franchised restaurant concepts in the Continental U.S. ($35,000 USD for each franchised restaurant when located outside of the Continental U.S. [Alaska, Hawaii and U.S. Territories]) of which one half of the total initial franchise fee is due upon signing
the Deposit Agreement ($25,000 USD) and the balance of the initial franchise fee for the second location (in this example would be $25,000 USD) is paid upon signing the Franchise Agreement.
Note 3: All fees payable to us are fully earned when paid and non-refundable.
Note 4: This Area Development investment does not include your estimated initial investment for beginning operation of each franchised restaurant. Those costs are set out in Item 7.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–31)
What This Means (2025 FDD)
According to the 2025 Bananas Smoothies Frozen Yogurt FDD, all fees are payable to the franchisor. For an Area Development Agreement inside the Continental U.S. for two locations, the initial franchise fee is $25,000 USD for each location. Half of the total initial franchise fee ($25,000 USD) is due upon signing the Deposit Agreement, and the balance of the initial franchise fee for the second location ($25,000 USD) is paid upon signing the Franchise Agreement.
For an Area Development Agreement outside the Continental U.S. (Alaska, Hawaii and U.S. Territories) for two locations, the initial franchise fee is $35,000 USD for each location. Half of the total initial franchise fee ($35,000 USD) is due upon signing the Deposit Agreement, and the balance of the initial franchise fee for the second location ($35,000 USD) is paid upon signing the Franchise Agreement.
These fees are fully earned when paid and are non-refundable. The Area Development investment does not include the estimated initial investment for beginning operation of each franchised restaurant, which is detailed in Item 7.