#403
At a Glance
Products & Services: Frozen yogurt & smoothies
Number of Locations: 196
Total Investment: $77.25K - 452.1K
Founded: 2006
Began Franchising: 2007
About Red Mango Franchising Co.
Daniel Kim opened the first Red Mango store in 2007, near the University of California in Los Angeles and quickly began franchising the frozen yogurt shop. Red Mango's menu has since expanded to include smoothies, parfaits and other frozen treats in addition to its all-natural frozen yogurts, which are available in original tart or a rotating variety of other flavors, and with a variety of fruit, nut and other toppings.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 190 | 0 | 5 | 1 |
| 2011 | 132 | 0 | 0 | 2 |
| 2010 | 65 | 0 | 0 | 1 |
| 2009 | 48 | 0 | 0 | 5 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Central America, Mexico, South America.
Startup Costs, Ongoing Fees and Financing
Total Investment: $77,250 - $452,100
Franchise Fee: $17,500 - $35,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $17,500 - $35,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $200,000
Operations
21% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10. Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: At certified training store : 40 hours.
Ongoing Support: Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media,
Franchise Ranking History
Top New: #45 (2012),
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