Red Mango operates retail stores offering frozen yogurt, smoothies, juices, and health foods. The franchise promotes authentic, nutritious frozen dessert products and healthy café items.
Key Insights
- Red Mango began with a vision to offer a healthier alternative in the frozen dessert market, focusing on premium ingredients and a commitment to quality. The business has grown from its inception, establishing a presence in diverse communities and building a loyal customer base.
- The franchise operates through a network of storefronts offering a variety of frozen yogurt, smoothies, and other health-conscious treats. Customers can enjoy customizable options in a welcoming atmosphere, with a focus on fresh flavors and appealing presentations.
- The business operates within the vibrant and growing health and wellness food sector, a segment experiencing sustained consumer interest. This industry trend aligns with Red Mango's core offerings, providing a strong foundation for continued relevance and demand.
Franchise Fee and Costs to Open
Exploring the financial picture of Red Mango gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $323,000 - $556,500, along with a franchise fee of $15,000 - $30,000.
Financial Performance and Revenue
Yearly gross sales of $357,616 and estimated earnings of $42,914 - $53,643 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 9.6-11.6 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Red Mango provides comprehensive training and resources for new franchisees. Initial training, approximately two weeks in duration, is conducted at the Red Mango headquarters. This program offers a thorough introduction to Red Mango's operational procedures and brand standards. Red Mango also provides ongoing support and access to a wealth of marketing materials and operational guidance.
Legal Considerations
Legal considerations for a Red Mango franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Red Mango-style franchise presents considerations such as intense local competition from established yogurt shops and cafes. Maintaining consistent product quality and managing ingredient freshness requires attention to detail in operational processes. Furthermore, reliance on specific supply chains for proprietary frozen yogurt bases and toppings can impact inventory management and cost control.
Franchise Datasheet
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