Red Mango
Food & Beverage · Quick-Service Restaurants
- Active units
- 45
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About Red Mango
Red Mango is a brand that is dedicated to providing high-quality and all-natural frozen yogurt, smoothies, and parfaits. The brand takes its name from the red mango fruit, which symbolizes the commitment to using only the best ingredients that are both delicious and nutritious. Red Mango is responsible for starting the frozen yogurt mania that has swept the nation since its first store opened in 2007. With over 200 locations in the United States, Mexico, and Central America, Red Mango continues to deliver the same great taste and quality that it did from the very beginning. What sets Red Mango apart is that each store is locally owned, showcasing the brand's dedication to supporting the local communities. Joining the Club Mango® E-Club allows customers to stay up to date with the latest news and offers from Red Mango. Visit one of their locations to experience the Red Mango difference for yourself.
Key terms
- Franchise fee
$30k
- Store Development Agreement multi‑unit pricing
Initial franchise fee for each additional store reduced by 50% under a Store Development Agreement
- Early Franchise Incentive Program (2025)
For first five Franchise Agreements signed in 2025: royalty 0% for first 6 accounting periods and 3% for next 6, if store opens within 1 year; available to first store under a Store Development Agreement
- Brand fund
3.0% of Net Sales
- Local advertising
0.0% of Net Sales
- Footprint
800 – 1,300 sq ft
- Store Development Agreement – Traditional (3 Stores minimum)
$60k
- Store Development Agreement – Non‑Traditional/Co‑Branded (3 Stores minimum)
$30k
- Veteran discount
50.0% off franchise fee — 50% discount on the initial franchise fee for the first location for qualified veterans/active duty (51% ownership if entity)
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations45
Franchised units open at year-end
- New openings2
Gross new units opened during the calendar year
- 1-year unit growth rate-10.0%
Net unit growth versus prior year
- 3-year unit CAGR-11.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio2.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$99k
Item 19 cohort year 2025
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$457k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open10 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio0.2×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.