Bananas

Refreshing smoothies, hand rolled pretzels; cool fresh fruit frosties and delicious frozen yogurt are the perfect assortment of fun treats. Bananas will delight the entire family with products that offer traditional treats and health conscious options as well. Founded in 1979 as Everything Yogurt, Bananas has evolved to become the ultimate fun food. Bananas is owned by Villa Enterprises. Villa Enterprises provides over 40 years of operational knowledge and expertise in the best practices and procedures for opening and sustaining a profitable food service business.

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Bananas Franchise Cost and Requirements for 2022

Background

Bananas Smoothies & Frozen Yogurt is a quick serve restaurant style frozen treat franchise concept with a menu featuring the chain's proprietary Everything Yogurt brand frozen yogurt, Bananas Smoothies & Frozen Yogurt brand smoothies and frosties, and Gretel Pretzel brand hand-rolled pretzels. Other offerings include premium flavored coffees, espresso, cappuccino, muffins, ice cream, nuts, candies, bagels, cookies, cakes and flavored popcorn, as well as specialty items such as Bananas apparel and gifts.

Villa Enterprises has 45 years of experience developing and operating restaurants, and now has more than 300 locations worldwide among its four brands. Villa Enterprises seeks franchisees for Bananas Smoothies & Frozen Yogurt and its other brands, and offers strong corporate support for the success of its franchisees, including its Villa University, a three-week training program at the company's facility in all aspects of running a Villa Enterprises restaurant.

Bananas Smoothies & Frozen Yogurt Franchise Opportunities - History

Bananas Smoothies & Yogurt was founded in 1979 as Everything Yogurt, and has since evolved into a national chain, with locations in California, Florida, Indiana, Maryland, Mississippi, New Jersey, New York, Ohio, Pennsylvania, Virginia, and Washington, D.C. Bananas' parent company Villa Enterprises was founded in 1964 by Michele Scotto, when he opened Villa Pizza next to the Ed Sullivan Theater on Broadway in New York. From that store he expanded his company to more than 300 locations in 38 U.S. states and six other countries. Villa Enterprises also has acquired several upscale full-service restaurants, such as The Black Horse Inn & Pub.

Company Details

Year Established: 1975
Year First Franchised: 2003
Franchised Units: 46
Company Owned Units: 7
States/Countries Registered: All US

Support and Training Offered By Bananas

Financial Assistance Provided: 3rd Party
Site Selection Assistance: Yes
Lease Negotiation Assistance: We will negotiate the business terms of the deal but the franchisee needs to hire a lawyer for the legal part.

2022 Franchise Requirements Needed to Own a Bananas Franchise.

What does a Bananas Franchise Cost?

Bananas franchise fees for 2022:

Initial Franchise Fee: $22,000
Total Investment: $284,500 to $434,000
Minimum Net Worth: $300,000
Minimum Liquid Assets: $75,000
Passive Ownership Allowed: No
Royalty: 5%

Is Bananas a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Bananas is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Bananas a Home Based franchise?

No. Bananas is not a home based franchise opportunity.

What Do Bananas Franchise Owners Make?

This information is not available. Bananas does not offer an Item 19 in their Franchise Disclosure Document.

Is Bananas a Master Franchise Opportunity?

No. Bananas is not a master franchise opportunity.

Does Bananas Offer a Veteran Discount?

No. Bananas franchise does not offer a veteran discount.

Does Bananas Work with E2 Visa and EB-5 Visa Candidates?

Yes. Bananas franchise does work with E2 Visa and EB-5 Visa candidates.

Is Bananas Looking for Franchisees in Canada?

No. Bananas franchise is not looking for Canada franchisees.

Is Bananas Looking for International franchisees?

No. Bananas franchise is not looking for International franchisees.

Additional Information

Additional Categories

Food & Restaurants, Frozen Yogurt / Ice Cream

Number of Units Open

20-50 UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

No

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Bananas Franchises for Sale

Click Here to inquire about existing Bananas franchises for sale. We may have Bananas franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.