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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$220K - $574K
Units as of 2016
46 70.4% over 3 years

Company Overview

About Green Leaf's/Banana's

Industry
Food
Founded
1998
Parent Company
Villa Restaurant Group
Leadership
Anthony Scotto, CEO

Franchising Overview

Franchising Since
1998 (23 years)
# of employees at HQ
70
# of Units
46 (as of 2016)

Franchisor Information

Social
Facebook
Corporate Address
25 Washington St.
Morristown, NJ 07960

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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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021