Total investment:
$ 193,500
Franchise fee:
$ 30,000
Royality fee:
6%
Monthly marketing payment :
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Foundatoin year: 2006
Year of franchising: 2007
Company units:
Franchise units: 315
Total number of units:
Number of employees per unit: 10
Contract period: 60 month
FRANCHISE ONLINE
WEBSITERed Mango franchise is a proven leader on the market of healthy food. The restaurants offer for sale frozen yogurt, smoothies, hot chocolate, fresh-squeezed juices, and other grab n’ go items. Red Mango frozen yogurt franchise creates perfect opportunities for the entrepreneurs who would like to start or upgrade their own restaurant business. The requirements for owning a Red Mango cafe franchise include the availability of the funds to pay the franchise fees and willingness to share the values of the company. The investment information and the recommendation about how to start a Red Mango restaurant franchise as well as the cost and profit ratio are available below.
How to open a Red Mango franchise?
Ensure you have adequate capitalization.
In order to open a Red Mango cafe franchise, you must have a net worth of more than $350,000.
Appreciate the investment required for a cafe franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Red Mango restaurant franchise owner.
Assess market availability.
You will want to look at the market availability for Red Mango franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
Submit your application.
Your application will be reviewed by the Red Mango franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
Receive approval & opening your Red Mango franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
On-The-Job Training: 7 days
Classroom Training: 12 days
Additional Training: At certified training store
Net-worth Requirement: $350,000
Liquid Cash Requirement: $200,000, Ad Royalty Fee: 3%