Mr. Smoothie vs Bananas Smoothies & Frozen Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs Bananas Smoothies & Frozen Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Smoothie Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Investment $87,650 - $377,400$224,500 - $457,000
Franchise Fee $20,000$22,000 - $37,200
Royalty Fee 5%5%
Advertising Fee to 2%1%
Year Founded 19931975
Year Franchised 20012003
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Mr. Smoothie Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Experience --

Financing Options
 
Mr. Smoothie Franchise
Bananas Smoothies & Frozen Yogurt Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Mr. Smoothie Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Training --
Support Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Ad slicks-
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 4 - 6

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

 Absentee Ownership Allowed Number of Employees Required to Run: 19

Expansion Plans
 
Mr. Smoothie Franchise
Bananas Smoothies & Frozen Yogurt Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Mr. Smoothie

Ready to own TWO of the fastest Growing Franchise Concepts Under ONE Roof? Then Mr. Smoothie & Frozen Yogurt may be the Franchise for YOU!
Mr. Smoothie, with over 26 years in business in 7 states, is the first Multi- State Franchise system to bring both: Real Fresh Fruit Smoothies and Self Service Frozen Yogurt Under one Roof.
Since 1996, Mr. Smoothie has been serving the Freshest and most delicious Smoothies, Juices and everyone’s favorite frozen treats

Mr. Smoothie’s locations are where our customers "Work, Live and Play” helping to accommodate today’s hectic schedules and healthy lifestyles.

We continually work with our vendors to ensure our locations are supplied with the freshest and healthiest products while delivering the best value to our customers.
Reqirements:
*Net worth of $200k and $50k liquid
*Real Estate, Design & Build Out Assistance
*All formats: Malls, Strip Centers, Airports & Universities
*Simple & Easy to Learn Operations
*On Site Training & Ongoing Store Support
*Menu items for everyone in the family and all throughout the day
*National Proprietary Food Vendor for bulk purchasing power
*Single Store, Multi-Unit and Area Developers welcomed
 

About Bananas Smoothies & Frozen Yogurt

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.