What was the total amount of advertising fees receivable for Bananas Smoothies Frozen Yogurt in 2023?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
ber 29, 2024, this loan was paid off in full.
Subsequent events
In accordance with FASB ASC 855, Subsequent Events, the Company has evaluated subsequent events through March 20, 2025, the date on which these financial statements were available to be issued. There were no material subsequent events that required recognition or additional disclosure in these financial statements.
NOTE 2. ROYALTIES RECEIVABLE
Ro
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 FDD, the total advertising fees receivable for Bananas Smoothies Frozen Yogurt in 2023 was $1,253. This figure represents the amount of advertising fees that were due to Bananas Smoothies Frozen Yogurt but had not yet been collected as of the end of 2023.
For a prospective franchisee, this indicates the scale of advertising revenue being managed by Bananas Smoothies Frozen Yogurt. It is important to note that this is the receivable amount, not the total advertising revenue. The advertising fund is used for promotional programs for franchise units, with franchisees contributing up to 1% of sales.
The FDD also states that there was no allowance for credit losses in 2023, meaning Bananas Smoothies Frozen Yogurt expected to collect the full amount of advertising fees receivable. This could reflect effective collection practices or a low risk of non-payment from franchisees. Franchisees should inquire about the advertising strategies and how the advertising fees are utilized to support their business.