What sales are excluded from the definition of 'Gross Sales' for a Bananas Smoothies Frozen Yogurt franchise?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT ONE I
to the Franchise Agreement between Franchisor and Franchisee. The terms and definitions set out in the Summary Page of the Franchise Agreement are incorporated herein and made a part hereof as if fully set out.
Non-Compete Items
Green Leaf's Beyond Great Salads Non-Compete Items
Pick N Mix and all types of salads Wrappers
Paninis
Bananas Smoothies & Frozen Yogurt Non-Compete Items
Smoothies
Frosties
Yogurt
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, it appears that the definition of 'Gross Sales' for a Bananas Smoothies Frozen Yogurt franchise is not explicitly detailed within the provided excerpts. However, the document does mention 'Non-Compete Items' for Bananas Smoothies & Frozen Yogurt, which include smoothies, frosties, and yogurt.
While the FDD excerpts do not directly state what is excluded from gross sales, it is important to note that the franchise agreement incorporates terms and definitions set out in the Summary Page of the Franchise Agreement. This suggests that the specific definition of gross sales, including any exclusions, would likely be found within the full Franchise Agreement or its associated exhibits.
A prospective Bananas Smoothies Frozen Yogurt franchisee should carefully review the complete Franchise Agreement, specifically the section defining 'Gross Sales,' to understand what revenues are included and excluded for royalty calculation purposes. It would also be prudent to ask the franchisor for clarification on any exclusions to ensure a clear understanding of the financial obligations and reporting requirements.