To whom is the payment for the franchise fee made when opening a Bananas Smoothies Frozen Yogurt franchise?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
rozen Yogurt concept**
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|
| Franchise Fee 1 | $22,000 | Lump sum (unless Deposit Agreement) | Upon signing the Fran |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–31)
What This Means (2025 FDD)
According to the 2025 Bananas Smoothies Frozen Yogurt FDD, the franchise fee is paid to "Us," which refers to the franchisor. The franchise fee for a Bananas Smoothies Frozen Yogurt franchise is $22,000. This fee is paid as a lump sum when signing the Franchise Agreement, unless a Deposit Agreement is in place.
For franchisees participating in the Area Development Program, which requires a minimum of two locations, the initial franchise fee is $25,000 USD for each Green Leaf's Beyond Great Salads and/or Bananas Smoothies & Frozen Yogurt franchised restaurant concept 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]). 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.
It is important to note that all fees payable to Bananas Smoothies Frozen Yogurt are fully earned when paid and are non-refundable. Prospective franchisees should factor this into their financial planning and seek professional advice before making any payments.