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Red Mango - Yogurt Cafe & Juice Bar

2014 Franchise 500
#436
At a Glance

Products & Services: Frozen yogurt, smoothies, juices, wraps

Number of Locations: 322

Total Investment: $194.6K - $491.6K

Founded: 2006

Began Franchising: 2007

About Red Mango - Yogurt Cafe & Juice Bar

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
2014 246 0 75 1
2013 232 0 11 1
2012 190 0 5 1
2011 132 0 0 2
2010 65 0 0 1
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $194,600 - $491,600
Franchise Fee: $17,500 - $35,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 40% off franchise fee
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

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

Franchise 500®: #436 (2014), #403 (2013), #424 (2012),
Fastest-Growing: #67 (2014), #38 (2013), #29 (2012),
Top New: #45 (2012),
America's Top Global: #138 (2014), #196 (2013),

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