What was the total number of Bananas Smoothies Frozen Yogurt outlets at the start of 2023?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at Start of Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 14 | 16 | +2 | |
| Franchised | 2023 | 16 | 14 | -2 |
| 2024 | 14 | 14 | 0 | |
| 2022 | 9 | 8 | -1 | |
| Company | 2023 | 8 | 9 | +1 |
| Owned | 2024 | 9 | 9 | 0 |
| 2022 | 23 | 24 | +1 | |
| Total Outlets | 2023 | 24 | 23 | -1 |
| 2024 | 23 | 23 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–57)
What This Means (2025 FDD)
According to Bananas Smoothies Frozen Yogurt's 2025 Franchise Disclosure Document, at the start of 2023, there were a total of 24 outlets. This number includes both franchised and company-owned locations.
Specifically, the FDD indicates that there were 16 franchised outlets and 8 company-owned outlets at the beginning of 2023. This information is crucial for potential franchisees as it provides a snapshot of the brand's footprint and the mix of franchised versus company-operated stores.
Understanding the number of outlets at the start of the year, along with changes throughout the year, can help a prospective franchisee assess the stability and growth of the Bananas Smoothies Frozen Yogurt system. Monitoring these figures over several years, as presented in the FDD, offers insights into the brand's overall performance and potential market saturation.