Mang Mang Dessert FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for Mang Mang Dessert, a fast casual Hong Kong inspired dessert bar serving freshly prepared Asian American fusion desserts featuring mango, fresh fruit bowls, desserts, cakes, juices, teas, and other menu items. The franchisor offers individual unit Restaurant franchises and area development franchises for the development of multiple Restaurants within a designated territory.
Corporate Information
Mango Franchise USA, LLC is a New York limited liability company established on May 24, 2017. Their principal place of business is 73-31 57th Avenue, Maspeth, New York 11378. They began offering franchises on October 23, 2017.
Investment
The total initial investment necessary to begin operation of a Mang Mang Dessert Restaurant under a franchise agreement is $295,950 to $501,900. This includes $70,000 to $75,000 that must be paid to the franchisor or its affiliates. The estimated initial investment necessary to begin operation of a Mang Mang Dessert Restaurant under a franchise agreement with a 1-3 multi-franchise addendum is $385,950 to $591,900. This includes $115,000 to $120,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Mang Mang Dessert Restaurant under a multi-unit development agreement is $385,950 to $621,900. This includes $70,000 to $75,000 that must be paid to the franchisor or its affiliates, along with a $30,000 development fee for each additional Restaurant established under the multi-unit development agreement. The minimum number of Restaurants required to be opened under the multi-unit development agreement is four and the maximum number is five.
