Green Leaf's/Banana's
Salads, sandwiches, smoothies, frozen yogurt- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$220K - $574K
- Units as of 2016
-
46 70.4% over 3 years
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 (2023-1998 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
Information Circle - $22,000 - $37,200
-
Initial Investment
Information Circle - $219,500 - $574,200
-
Net Worth Requirement
Information Circle - $250,000 - $350,000
-
Cash Requirement
Information Circle - $100,000 - $250,000
-
Veteran Incentives
Information Circle - 20% off franchise fee
-
Royalty Fee
Information Circle - 5%
-
Ad Royalty Fee
Information Circle - 1%
-
Term of Agreement
Information Circle - 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
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField Operations
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 19
-
Are exclusive territories available?
Information Circle - No
Interested in ownership opportunities like Green Leaf's/Banana's? Request a free consultation with a Franchise Advisor now.
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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