Red Mango FDD Summary
Type of Business
You will operate an upscale retail frozen yogurt store offering authentic nonfat frozen yogurt served with fresh fruit, nuts and other toppings, yogurt-based drinks and fruit smoothies, probiotic drinks, yogurt-related food items and related products and services to health-conscious consumers for dine-in consumption and take-out service under the trade name RED MANGO®.
We were originally formed on August 3, 2006, as Red Mango Franchising Company, a California corporation. In July 2010, we converted the entity to a Texas limited liability company according to a Plan of Conversion approved on June 11, 2010, and changed our name to Red Mango FC, LLC. We do business only under our corporate name. We maintain our principal business address at 2811 McKinney Avenue, Suite 18, Dallas, Texas 75204.
The total investment necessary to begin operation of a Traditional Self-Serve Store ranges from $284,100 to $452,100. The total investment necessary to begin operation of a Non-Traditional RED MANGO Store ranges from $77,250 to $254,000. This includes the $22,500 to $54,600 (depending on which type of Store you develop) that must be paid to the Franchisor or an affiliate for your first Store. If you are acquiring development rights under our store development program, then you will sign our development agreement and, upon signing, you will pay us a development fee equal to 100% of the Initial Franchise Fee due for the first Store and 50% of the Initial Franchise Fee due for the of each additional Store you commit to develop under the development agreement.