Rita's vs Red Mango Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rita's vs Red Mango including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$15,100 - $435,000 | $194,200 - $500,900 |
Franchise Fee |
$10,000 - $30,000 | $27,000 - $42,000 |
Royalty Fee |
6.5% | 6% |
Advertising Fee |
3% | 3% |
Year Founded |
1984 | 2006 |
Year Franchised |
1989 | 2007 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
50% of current franchise fee | - |
Business Experience Requirements |
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 |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/No | -/Yes |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
5 days at Cool University and 4 days on site | 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
|
Support |
Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | 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 slicks, National media, Regional advertising | Ad Templates
|
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | Absentee Ownership Allowed
Number of Employees Required to Run: 10
|
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Rita's
From a small porch front in 1984 in Northeast Philadelphia and a seasonal phenomenon, Rita's continues to see unprecedented growth as it continues to grow across the nation becoming a year round spectacular with its cult-like following. Rita's - made fresh daily - Italian ice obsession is hitting everyone's taste buds and creating a passion not just for the brand but the opportunity to become a Rita's Italian ice franchise owner. It's no wonder we are wired for success and fueled up for our expansion not only across the nation, but internationally we are making our presence known.
Rita's franchisees come from all walks of life with one thing in common - the desire to choose their own destiny with a proven system providing on-going support; not to mention all having a passion for Rita's cool treats and foregoing happiness.
There's no better time than today to begin evaluating the Rita's business model. Why not get a taste of success and view our fresh and desirable products!
The total investment necessary to begin operation of a standard
Rita’s shop is between $175,500 and $435,000. These figures include
between $50,000 to $55,000 that must be paid to the franchisor or its
affiliate.
The total investment necessary to begin operation of an
express Rita’s shop is between $121,100 and $309,900. These figures
include between $33,000 to $33,500 that must be paid to the franchisor
or its affiliate.
If you enter into an agreement for a standard Rita’s
shop or express Rita’s shop, we may offer you the opportunity to enter
into an addendum to operate a Rita’s satellite shop and/or a Rita’s
mobile unit.
The total investment necessary to begin operation of a
Rita’s satellite shop is between $131,550 and $296,400. These figures
include between $19,200 to $25,500 that must be paid to the franchisor
or its affiliate.
The total investment necessary to begin operation of a
Rita’s mobile unit is between $15,100 and $144,600. These figures
include between $10,000 to $13,000 that must be paid to the franchisor
or its affiliate.
About Red Mango
MAKE A REAL IMPACT
Red Mango is virtually the only franchise brand that is committed to providing genuinely nutritious and delicious products. We serve our authentic frozen yogurt in an inviting retail environment that attracts customers and employees
JOIN A REAL GROWTH OPPORTUNTY
Red Mango's simple operation, small footprint, relatively low investment cost and rapidly growing product category create a powerful business opportunity. With the support of some of the franchise community's most respected investors and executives, Red Mango has established itself as one of America's fastest growing new brands.
Seeking new franchise units in Alaska, Alabama, Arkansas, Arizona, California, Colorado,
Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois,
Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine,
Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North
Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio,
Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina,
Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West
Virginia, Wyoming, Central America, Mexico, South America
There are existing master franchises in Mexico, El Salvador, and Uruguay
but territory is available in Canada, the Carribean, and throughout
South America for experienced, qualified operators. For territories in
Asia, Europe, and Africa we will refer you to Red Mango International
which is operated out of South Korea.
The total investment necessary to begin operation of a Traditional Store
ranges from $321,700 to $500,900. This includes the $42,000 that must
be paid to the franchisor or an affiliate. The total investment
necessary to begin operation of a Non-Traditional Store ranges from
$194,200 to $386,100. This includes the $27,000 that must be paid to the
franchisor or an affiliate. The total investment necessary to begin
operation of a RED MANGO�"HUMBLE DONUT CO. Co-Branded Traditional Store
ranges from $443,700 to $570,400. This includes the $42,000 that must be
paid to the franchisor or an affiliate. The total investment necessary
to begin operation of a RED MANGO Store Co-Branded with a Third Party
Concept ranges from $117,700 to $259,100. This includes the $20,000 to
$27,000 that must be paid to the franchisor or an affiliate. If you are
acquiring development rights under the standard store development
program, the franchisor requires a commitment to develop at least two
Stores. At the time you sign the Store Development Agreement, you will
pay the franchisor a development fee equal to the initial franchise fees
due for the Stores you commit to develop. For example, if you commit to
develop two RED MANGO Stores (assuming that neither the military
veteran’s program nor the qualified existing franchisee discount
applies), the minimum development fee will be $30,000 + $20,000 =
$50,000. If both of your stores are RED MANGO Non-Traditional Stores
(assuming that the military veteran’s program discount does not apply),
then the minimum development fee will be $15,000 + $15,000 = $30,000.