|
Below is an in-depth analysis and side-by-side comparison of Ben & Jerry's vs Red Mango including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $152,200 - $546,800 | $194,200 - $500,900 |
Franchise Fee | $16,000 - $37,000 | $27,000 - $42,000 |
Royalty Fee | 3% | 6% |
Advertising Fee | 4% | 3% |
Year Founded | 1978 | 2006 |
Year Franchised | 1981 | 2007 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 50% of then current 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/Yes | -/- |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | We’ve got a great recipe for operating a scoop shop, and a world-class team to provide “scoop-to-nuts” expertise. We guide you every step of the way, beginning with your search for the right location, to training, to marketing, and to ongoing operational support for the life of your business. On-The-Job Training: 24 hours Classroom Training: 35 hours | 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 National Media Regional Advertising Social media Website development Email marketing | Ad Templates |
Operations |
75% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 10 |
Expansion Plans |
||
US Expansion | No | - |
Canada Expansion | No | - |
International Expansion | No | - |
Ben & Jerry's is named for its founders, Ben Cohen and Jerry
Greenfield, who grew up together in Merrick, Long Island. In 1978, they
took a $5 correspondence course on ice-cream-making, then leased an old
gas station building in Burlington, Vermont to open their first ice
cream shop. Ben & Jerry’s has over 580 franchised ice cream scoop shops and PartnerShops worldwide. We have over 350 scoop shops in the United States and over 350 scoop shops Internationally.
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