Red Mango Franchise Information

Date Incorporation: 2006

Franchising Since: 2007

Headquarters:  Culver City, California

Description: Red Mango Franchising Company sells franchises for upscale retail frozen yogurt stores that offer authentic nonfat frozen yogurt served with fresh fruit, nuts and other natural toppings, frozen yogurt-based fruit shakes and related products and services to health-conscious consumers for dine-in consumption and take¬out service under the trade name "RED MANGO".

Franchise Offer:  Single Store Program: Under this program, a franchisee will sign a franchise agreement to operate a single Red Mango store.

Territory: Franchise agreement will designate the franchised location, and the franchisee may conduct business only at this franchised location. Red Mango Franchising will establish a "protected area" when they approve the franchised location. They will set forth a protected area in the franchise agreement. The protected area may be limited to the actual site of the franchised location or may range to a radius of up to 3 miles from the franchised location. Red Mango Franchising will consider the demographics, population, traffic patterns, potential trade area, and other relevant information about an approved site when they establish the franchise's protected area.

Training and Assistance: No later than 6 weeks before opening the store, the franchise owner, or one of the principals acceptable to the franchisor (who owns at least a 51% equity interest in the franchisee) and the store managers approved by the franchisor, must attend and complete to their satisfaction the initial training program at the Red mango headquarters in Culver City, California. The fr

nchisor will provide this training, the instructors, a training manual, and other materials without charge for 2 trainees. The franchise owner must pay a fee of $1,000 for each additional attendee sent to the initial training program.

Obligations and Restrictions:The franchised business must, at all times, be directly supervised by an owner or manager who has successfully completed our training program. The franchisor may require that the store manager and others who will have access to the trade secrets and other confidential information to sign non-disclosure agreement. The franchisee must offer and sell all, and only, those goods and services that the franchisor has approved. Red Mango Franchising may add, delete, and change menu items that the franchisee may or must offer, in our unrestricted discretion, and this may require the purchase of additional equipment. There are no limits on the franchisor’s right to make changes.

Term of the Franchise Agreement and Renewal: The term of the franchise agreement is 5 years after the store is fully constructed and is ready to open to the public, or  6 years after the date the franchisee has signed a franchise agreement. If the franchisor is in good standing, he can renew for one additional 5 year term.

Total Number of Units end of year 2007: 9 units

Financial Assistance: Red Mango Franchising generally does not provide any financial assistance to the franchisee. The franchisor does not arrange financing with any sources. He also does not guarantee the franchisee’s note, lease or obligation.

Investment Tables:

Initial Investment:

Ongoing fees:

The above information has been taken from the UFOC/FDD of Red Mango

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