- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$220K - $574K
- Units as of 2016
-
46
Company Overview
About Green Leaf's/Banana's
| Industry | Food |
|---|---|
| Related Categories | Miscellaneous Quick-Service Restaurants, Frozen Yogurt, Smoothies/Juices, Salads, Sandwiches |
| Founded | 1998 |
| Parent Company | Villa Restaurant Group |
| Leadership | Anthony Scotto, CEO |
| Corporate Address |
25 Washington St. Morristown, NJ 07960 |
| Social |
Business Overview
| Franchising Since | 1998 (27 years) |
|---|---|
| # of employees at HQ | 70 |
| # of Units | 46 (as of 2016) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Green Leaf's/Banana's franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$22,000 - $37,200 |
|---|---|
|
Initial Investment
|
$219,500 - $574,200 |
|
Net Worth Requirement
|
$250,000 - $350,000 |
|
Cash Requirement
|
$100,000 - $250,000 |
|
Veteran Incentives
|
20% off franchise fee |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Green Leaf's/Banana's has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
|---|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 19 |
|
Are exclusive territories available?
|
No |
Franchise 500 Ranking History
Compare where Green Leaf's/Banana's landed on this year's Franchise 500 Ranking versus previous years.
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