Have you ever wanted to start a Red Mango franchise? Since 2002, Red Mango has been providing its customers with frozen yogurt of several different flavors including Original (which is sweet and tangy), Pomegranate, and Tangomonium. Red Mango also provides toppings for the frozen yogurt like fruits such as strawberries and blueberries and also other toppings including Cocoa Pebbles, mochi, and sliced almonds. Although their main product is frozen yogurt, Red Mango also sells parfaits, smoothies, and iced tea. http://www.redmangousa.com/default.html For costs low as $35,000, you can start your own Red Mango franchise in the United States or across the world. http://www.redmangofranchising.com/franchise_costsandqualifications.html

Red Mango was founded in 2002 by Dan Kim. It originated in Korea and in 2007 spread to the United States with its first location in Westwood, California. Red Mango headquarters are located in Culver City, California, although there are locations worldwide. http://wwff.wordpress.com/2007/05/26/reviewed-hello-red-mango/ Their frozen yogurt is all-natural and nonfat with different kinds of flavors, competing with other frozen yogurt retailers such as Pinkberry and Yogurtland.

Before starting your own Red Mango franchise, there are a few requirements that must first be met. To be considered for a Red Mango franchise, you must have a net worth of $350,000 and a liquid capital of $200,000. Upon assurance of these qualifications, you must pay a franchise fee of $35,000. For a traditional Red Mango store, you must pay an initial investment of $242,100 to $436,600 depending on how large the location size is. http://www.redmangofranchising.com/franchise_costsandqualifications.html Franchises are offered across the United States and also across the globe.

If you cannot afford to pay the franchise fees and costs, then you may receive financial assistance. Although Red Mango does not directly give out financial aid, there are other third party options available.http://www.entrepreneur.com/franchises/redmangofranchisingco/333735-0.html For instance, you can contact the SBA (also known as the U.S. Small Business Administration) for loans and other financial assistance.http://www.sba.gov/financialassistance/borrowers/index.html

The content in this page is not a substitute for professional financial advice. Please contact your financial adviser before using the information presented here.