Start-Up Costs and Fees |
||
| Red Mango | Yogurt Lab | |
| Investment | 194200 - 500900 | 313500 - 557000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% of Gross Revenues |
| Advertising Fee | 3% | 1% local |
| Year Founded | 2006 | 2011 |
| Year Franchised | 2007 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Red Mango | Yogurt Lab | |
| Experience | Ideal Traits for a Red Mango Frozen Yogurt Franchisee Strong leadership skills and a genuine love of people Energetic and driven to succeed Ability to work well within a system A passion for improving your local community Someone who recognizes the value of a healthy lifestyle and has a strong desire to share healthy choices with others A strong focus on customer happiness and satisfaction Previous restaurant experience is helpful, but not required Experience building a great team | |
Financing Options |
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| Red Mango | Yogurt Lab | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Red Mango | Yogurt Lab | |
| Training | We offer extensive training for both franchisees and crew members. By opening day, you and your team will be confident and ready to make your customers happy! On-The-Job Training: 7 days Classroom Training: 12 days Additional Training: At certified training store | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store |
| Support | Full support of a highly experienced team that assists locations all over the United States (and even some parts of Central and South America). When it comes to the frozen yogurt business, we ve seen it all and as a franchisee, you ll be able to leverage our experience and knowledge to help build your business into something you and your community can be proud of. Newsletter Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Ad Templates | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 10 | |
Expansion Plans |
||
| Red Mango | Yogurt Lab | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Mango | |
| Yogurt Lab | |
| Franchise Fee | |
| Red Mango | |
| Yogurt Lab | |
| Royalty Fee | |
| Red Mango | 6% |
| Yogurt Lab | 6% of Gross Revenues |
| Advertising Fee | |
| Red Mango | 3% |
| Yogurt Lab | 1% local |
| Year Founded | |
| Red Mango | 2006 |
| Yogurt Lab | 2011 |
| Year Franchised | |
| Red Mango | 2007 |
| Yogurt Lab | 2013 |
| Term Of Agreement | |
| Red Mango | 10 years |
| Yogurt Lab | 10 years |
| Renewal Fee | |
| Red Mango | |
| Yogurt Lab | |
Business Experience Requirements |
|
| Experience | |
| Red Mango | Ideal Traits for a Red Mango Frozen Yogurt Franchisee Strong leadership skills and a genuine love of people Energetic and driven to succeed Ability to work well within a system A passion for improving your local community Someone who recognizes the value of a healthy lifestyle and has a strong desire to share healthy choices with others A strong focus on customer happiness and satisfaction Previous restaurant experience is helpful, but not required Experience building a great team |
| Yogurt Lab | |
Financing Options |
|
| Franchise Fees | |
| Red Mango | |
| Yogurt Lab | |
| Start-up Costs | |
| Red Mango | |
| Yogurt Lab | |
| Equipment | |
| Red Mango} | |
| Yogurt Lab | |
| Inventory | |
| Red Mango | |
| Yogurt Lab | |
| Receivables | |
| Red Mango | |
| Yogurt Lab | |
| Payroll | |
| Red Mango | |
| Yogurt Lab | |
Training & Support |
|
| Training | |
| Red Mango | We offer extensive training for both franchisees and crew members. By opening day, you and your team will be confident and ready to make your customers happy! On-The-Job Training: 7 days Classroom Training: 12 days Additional Training: At certified training store |
| Yogurt Lab | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store |
| Support | |
| Red Mango | Full support of a highly experienced team that assists locations all over the United States (and even some parts of Central and South America). When it comes to the frozen yogurt business, we ve seen it all and as a franchisee, you ll be able to leverage our experience and knowledge to help build your business into something you and your community can be proud of. Newsletter Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Yogurt Lab | |
| Marketing | |
| Red Mango | Ad Templates |
| Yogurt Lab | |
| Operations | |
| Red Mango | Absentee Ownership Allowed Number of Employees Required to Run: 10 |
| Yogurt Lab | |
Expansion Plans |
|
| US Expansion | |
| Red Mango | |
| Yogurt Lab | |
| Canada Expansion | |
| Red Mango | |
| Yogurt Lab | |
| International Expansion | |
| Red Mango | |
| Yogurt Lab | |