Type of Business
The Franchisee will either operate one “Green Leaf’s Beyond Great Salads” restaurant which may for an additional fee, include the “Bananas Smoothies & Frozen Yogurt” concept or the franchisee may choose to operate the “Bananas Smoothies & Frozen Yogurt” concept as a standalone franchise. In certain instances the franchisor may require you to use a name other than Green Leaf’s Beyond Great Salads and/or Bananas Smoothies & Frozen Yogurt, in which case you will use the mark – “The Market By Villa.” The “Green Leaf’s Beyond Great Salads” restaurant by itself or in conjunction with the “Bananas Smoothies & Frozen Yogurt” concept may or may not include breakfast, but will include lunch and dinner and feature gourmet sandwiches prepared with meats, vegetables, poultry and fish, and additional offerings of freshly baked breads, soups, freshly prepared salads, and related foods and beverages. The “Bananas Smoothies & Frozen Yogurt” concept enables you to also sell any combination of the franchisor’s proprietary brand frozen yogurt, smoothies and frosties prepared with their proprietary products. Also available with the “Bananas Smoothies & Frozen Yogurt” concept is the Gretel’s Pretzels brand hand rolled pretzels made with the franchisor’s proprietary pretzels flour. The “Bananas Smoothies & Frozen Yogurt” concept may also feature other related food and beverage items, such as premium flavored coffees, espresso, cappuccino, muffins, ice cream, nuts, bulk or packaged candies, bagels, cookies, cakes and flavored popcorn as well as specialty items such as specially made apparel and gifts.
Corporate Information
Everything Yogurt, Inc. was initially incorporated in the State of New York in 1975 and opened the first Everything Yogurt facility in April 1976 in New York. (These restaurants have since closed). In 1978 Everything Yogurt New Jersey, Inc. was formed and in 1983 Everything Yogurt, Inc., was merged into it. The
corporation changed its name on April 16, 1988 to Everything Yogurt, Inc. and on March 16, 1995 the name was changed to Restaurant Systems International, Inc., and on February 10, 2003 to Everything Yogurt Brands, Inc. On August 14, 2003 the company stock was acquired by Villa Pizza, Inc. They maintain their principal place of business at 25 Washington Street, Morristown, New Jersey 07960.
Investment
The total investment to begin operation of the restaurant is from $224,500 – $654,200 (plus real estate cost and grand opening expense, see Item 7) depending upon the concept(s) you choose and how many of the franchisor’s products you wish to sell from the Franchised Business. This includes the $25,000 – $35,000 Green Leaf’s Beyond Great Salads initial franchise fee (outside the Continental United States [Alaska, Hawaii & U.S. Territories] the initial franchise fee is $35,000) plus the additional fee of $2,200 for the “Bananas Smoothies & Frozen Yogurt” concept ($22,000 if the “Bananas Smoothies & Frozen Yogurt” concept is purchased by itself as a stand alone concept) that must be paid to the franchisor and/or their affiliates. The total investment to open a Green Leaf’s concept is from $284,500 – $484,000. The total investment to open a Bananas Smoothies & Frozen Yogurt concept is from $224,500 – $457,000. The total investment for a simultaneous purchase and operation of a Green Leaf’s Beyond Great Salads concept and Bananas Smoothies & Frozen Yogurt concept is from $346,700 – $654,200.
