Fro-yo startup wants you to go bananas

The forthcoming Goin' Bananas on Patterson Avenue. (Photo by Lena Price)

The forthcoming Goin’ Bananas on Patterson Avenue. (Photo by Lena Price)

When it comes to the Richmond frozen yogurt market, Eddie Simmons knows that it’s a jungle out there.

But he’s betting that Goin’ Bananas, his new jungle-themed frozen yogurt shop on the corner of Three Chopt Road and Patterson Avenue, will stand out from the competition.

“The inside is going to resemble a tiki bar,” Simmons said. “We covered all the walls with bamboo and thatch. We just thought it would be a fun concept that appeals to all ages.”

Simmons and his wife Scheri are about three weeks away from opening the self-serve yogurt shop at 6919 Patterson Ave. They leased the 1,300-square-foot space, which used to house Bethel Cleaners, last summer.

Simmons said he invested about $250,000 in the startup.

To cut down on renovation costs, Simmons said he handled most of the construction through his firm, the Dover Company. He also owns an upholstery shop and a car wash, both on Patterson Avenue.

Before developing the Goin’ Bananas concept, Simmons said he looked into several franchises, including Richmond-based Sweet Frog. But he couldn’t reach a deal with any of the brands.

“We didn’t see the purpose of bringing another franchise into town,” Simmons said. “Sweet Frog definitely has all the right ingredients, but we wanted to try something different.”

In addition to the decor, Simmons will try to separate himself from the competition by separating the toppings bar from the pay station. He said it should cut down on wait time.

At least 11 frozen yogurt competitors operate at least 20 locations in the area. Goin’ Bananas will compete with chains that have expanded quickly in Richmond by selling franchises.

There’s four-year-old Sweet Frog, which is up to 11 locations in Richmond, including one two miles away on Libbie Avenue. Bobalicious has four Richmond area shops. Menchie’s and Crave have two each. Zinga, another shop that sells franchises opened a location at Willow Lawn.

And a TCBY franchise opened recently at 9468 W. Broad St.

Frank Galleher, a retail broker with Colliers International, helped independent shop Beriberry lease a space in Chesterfield about two years ago.

Galleher said the family-owned shop has since closed.

“The market’s mostly dominated by franchises, and Sweet Frog in particular,” Galleher said. “To compete with those, independents need to offer a high level of service. But there are still plenty of opportunities.”

The forthcoming Goin' Bananas on Patterson Avenue. (Photo by Lena Price)

The forthcoming Goin’ Bananas on Patterson Avenue. (Photo by Lena Price)

When it comes to the Richmond frozen yogurt market, Eddie Simmons knows that it’s a jungle out there.

But he’s betting that Goin’ Bananas, his new jungle-themed frozen yogurt shop on the corner of Three Chopt Road and Patterson Avenue, will stand out from the competition.

“The inside is going to resemble a tiki bar,” Simmons said. “We covered all the walls with bamboo and thatch. We just thought it would be a fun concept that appeals to all ages.”

Simmons and his wife Scheri are about three weeks away from opening the self-serve yogurt shop at 6919 Patterson Ave. They leased the 1,300-square-foot space, which used to house Bethel Cleaners, last summer.

Simmons said he invested about $250,000 in the startup.

To cut down on renovation costs, Simmons said he handled most of the construction through his firm, the Dover Company. He also owns an upholstery shop and a car wash, both on Patterson Avenue.

Before developing the Goin’ Bananas concept, Simmons said he looked into several franchises, including Richmond-based Sweet Frog. But he couldn’t reach a deal with any of the brands.

“We didn’t see the purpose of bringing another franchise into town,” Simmons said. “Sweet Frog definitely has all the right ingredients, but we wanted to try something different.”

In addition to the decor, Simmons will try to separate himself from the competition by separating the toppings bar from the pay station. He said it should cut down on wait time.

At least 11 frozen yogurt competitors operate at least 20 locations in the area. Goin’ Bananas will compete with chains that have expanded quickly in Richmond by selling franchises.

There’s four-year-old Sweet Frog, which is up to 11 locations in Richmond, including one two miles away on Libbie Avenue. Bobalicious has four Richmond area shops. Menchie’s and Crave have two each. Zinga, another shop that sells franchises opened a location at Willow Lawn.

And a TCBY franchise opened recently at 9468 W. Broad St.

Frank Galleher, a retail broker with Colliers International, helped independent shop Beriberry lease a space in Chesterfield about two years ago.

Galleher said the family-owned shop has since closed.

“The market’s mostly dominated by franchises, and Sweet Frog in particular,” Galleher said. “To compete with those, independents need to offer a high level of service. But there are still plenty of opportunities.”

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

10 Comments
oldest
newest most voted
Inline Feedbacks
View all comments
Scott Burger
Scott Burger
10 years ago

Please do not use styrafoam cups!

Show some care about the environment.

Alison
Alison
10 years ago

Zinga closed a few months ago. Yapple has a Willow Lawn location

Dave
Dave
10 years ago

There’s also an independent operator in West Broad Village – MixIt

Ruben Foster
Ruben Foster
10 years ago

Are you kidding me? Another friggin frozen yougurt shop?

Will Shumadine
Will Shumadine
10 years ago

The highest and best use of this building is when it was the Steak ‘N Egg Kitchen. I had lots of funny late-night memories there, and it was consistently packed.

Sammi
Sammi
10 years ago

When will you be hiring for this shop? and how old?

Casey Meck
Casey Meck
10 years ago

How can I apply?

Scheri
Scheri
10 years ago

Yes folks we are VERY excited to open up a fun place for you to enjoy yogurt!! We hope you all c’mon down for a Goin’ Banana’s time!!

Kevin Congdon
Kevin Congdon
10 years ago

Really cool theme. Looking forward to it!

Casey
Casey
10 years ago

When I saw it was Goin Bananas, I was hoping it was a bar like the one down in Shockoe Slip in the early 80’s.