What payments is a Bananas Smoothies Frozen Yogurt franchisee responsible for in connection with the restaurant's operation?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
tion.
Franchisee waives any and all rights, actions or claims for relief under the Federal act entitled "Racketeer Influence and Corrupt Organizations", 18 U.S.C. §1961 et seq.
30. TAXES
Franchisor will have no liability for any sales, use, service, occupation, excise, gross receipts, income, property or other taxes, whether levied upon the Restaurant, Franchisee's property or upon Franchisor, in connection with sales made or business conducted by Franchisee (except any taxes Franchisor is required by law to collect from Franchisee). Payment of all such taxes shall be Franchisee's responsibility. In the event of a bona fide dispute as to Franchisee's liability for taxes, Franchisee may contest its liability in accordance with applicable law. In no event, however, will Franchisee permit a tax sale, seizure, or attachment to occur against the Restaurant or any of its assets.
31. CONFIRMATIONS
Franchisor expressly disclaims the making of any warranty or guaranty express or implied, as to revenues, sales or profits or the extent to which Franchisor will continue to develop and expand the networking of EYB Concepts. Any statements regarding the franchised business are made solely in the Franchise Disclosure Document delivered to Franchisee prior to signing this Agreement. Franchisor states that any statement regarding the potential or probable revenues, sales of profits of the franchise business or statistical information regarding any existing EYB Concept owned by Franchisor or our affiliates that is not contained in our Franchise Disclosure Document is not authorized and should be reported to us.
IN WITNESS WHEREOF, the parties, Franchisor and Franchisee, hereto have caused this Franchise Agreement to be executed on the Agreement Date of the Franchise Agreement.
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 Bananas Smoothies Frozen Yogurt FDD, the franchisee is responsible for specific payments related to the restaurant's operation. The franchisee is liable for all sales, use, service, occupation, excise, gross receipts, income, property, or other taxes related to the restaurant's sales or business, except for taxes that Bananas Smoothies Frozen Yogurt is legally required to collect from the franchisee.
Additionally, the franchisee is responsible for implementing a training program for restaurant employees, following Bananas Smoothies Frozen Yogurt's standards. The franchisee must maintain a trained staff to operate the restaurant according to the franchise agreement and is responsible for all employment decisions, including compensation and training.
The franchisee also bears all personal expenses, such as compensation, travel, food, and lodging costs, for any additional persons attending the initial training program. These financial responsibilities are crucial for the franchisee to understand and prepare for when operating a Bananas Smoothies Frozen Yogurt restaurant.