What was the total revenue for Bananas Smoothies Frozen Yogurt in 2023?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
ELATED CONTRACT BALANCES**
Disaggregated revenues
The Company derives its revenues from franchisees located throughout the United States. The economic risks of the Company's revenues is dependent on the strength of the economy in the United States, and its ability to collect on its contracts. The Company disaggregates revenue from contracts with customers by timing of revenue recognition by type of revenues, as it believes this best depicts ho
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 FDD, Bananas Smoothies Frozen Yogurt's total revenue for 2023 was $717,601. This figure represents the combined income from royalties, advertising fund revenues, and franchise fees.
Understanding the components of this revenue is crucial for potential franchisees. Royalties, typically a percentage of gross sales, contribute a significant portion at $643,409. Advertising fund revenues, earmarked for marketing and promotional activities, added $60,608. Franchise fees, collected from new franchisees, accounted for $13,584.
Analyzing these revenue streams provides insights into the brand's financial health and its revenue model. A consistent growth in total revenue, as seen from 2022 to 2023, may indicate a strong brand presence and effective business strategies. However, prospective franchisees should also consider the expenses associated with generating this revenue, such as operating costs and marketing expenses, to assess the overall profitability of a Bananas Smoothies Frozen Yogurt franchise.
It's important to note that these figures reflect the franchisor's revenue, not the revenue of individual franchise locations. A prospective franchisee should review Item 19 in the FDD to understand the financial performance of individual units.