Planet Smoothie vs Bananas Smoothies & Frozen Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Planet 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

  Planet Smoothie Bananas Smoothies & Frozen Yogurt
Investment 190150 - 358500 224500 - 457000
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 2% 1%
Year Founded 1995 1975
Year Franchised 1995 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Planet Smoothie Bananas Smoothies & Frozen Yogurt
Experience A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000.

Financing Options

  Planet Smoothie Bananas Smoothies & Frozen Yogurt
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Planet Smoothie Bananas Smoothies & Frozen Yogurt
Training Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant.
Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
Operations Absentee Ownership Allowed Number of Employees Required to Run: 19

Expansion Plans

  Planet Smoothie Bananas Smoothies & Frozen Yogurt
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Franchise Fee
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Royalty Fee
Planet Smoothie 5%
Bananas Smoothies & Frozen Yogurt 5%
Advertising Fee
Planet Smoothie 2%
Bananas Smoothies & Frozen Yogurt 1%
Year Founded
Planet Smoothie 1995
Bananas Smoothies & Frozen Yogurt 1975
Year Franchised
Planet Smoothie 1995
Bananas Smoothies & Frozen Yogurt 2003
Term Of Agreement
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Renewal Fee
Planet Smoothie
Bananas Smoothies & Frozen Yogurt


Business Experience Requirements

Experience
Planet Smoothie A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000.
Bananas Smoothies & Frozen Yogurt

Financing Options

 
Franchise Fees
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Start-up Costs
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Equipment
Planet Smoothie}
Bananas Smoothies & Frozen Yogurt
Inventory
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Receivables
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Payroll
Planet Smoothie
Bananas Smoothies & Frozen Yogurt

Training & Support

Training
Planet Smoothie Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant.
Bananas Smoothies & Frozen Yogurt
Support
Planet Smoothie
Bananas Smoothies & Frozen Yogurt Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Operations
Planet Smoothie
Bananas Smoothies & Frozen Yogurt Absentee Ownership Allowed Number of Employees Required to Run: 19

Expansion Plans

US Expansion
Planet Smoothie
Bananas Smoothies & Frozen Yogurt
Canada Expansion
Planet Smoothie 0
Bananas Smoothies & Frozen Yogurt
International Expansion
Planet Smoothie
Bananas Smoothies & Frozen Yogurt