Carvel vs Red Mango Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Carvel vs Red Mango including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Carvel Franchise
Red Mango Franchise
Investment $250,600 - $415,500$194,200 - $500,900
Franchise Fee $30,000$27,000 - $42,000
Royalty Fee $2.44/gal.6%
Advertising Fee $2.13/gallon3%
Year Founded 19342006
Year Franchised 19472007
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee Then current fee-


Business Experience Requirements

 
Carvel Franchise
Red Mango Franchise
Experience
  • General business 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

     
    Carvel Franchise
    Red Mango Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Carvel Franchise
    Red Mango Franchise
    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
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesFull 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 Co-op advertising, Ad slicks, Regional advertisingAd Templates
    Operations International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    Absentee Ownership Allowed

    Number of Employees Required to Run: 10


    Expansion Plans

     
    Carvel Franchise
    Red Mango Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Carvel

    In 1934 Tom Carvel opened his first ice cream shop in Hartsdale, New York. Over the years, he developed formulas and equipment for creating and serving his ice cream. The company started franchising in 1947, and by 1951 had opened 100 stores. Today the company distributes its line of ice cream, cakes, pies and other treats in its own locations and in stadiums, club stores and supermarkets.

    The total investment necessary to begin operation of a Shoppe selling a full range of Carvel® products (a “Full Shoppe”) ranges from $250,600 to $415,500. This includes $30,000 to $32,000 that must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a Shoppe selling selected Carvel® products (an “Express Shoppe”) ranges from $39,600 to $148,400.
    The total investment necessary to begin operation of an Express Shoppe within the space of another restaurant, food service facility, or business approved by the franchisor (a “Hosted Express Shoppe”) ranges from $33,100 to $66,500. These total investment estimates for Express Shoppes and Hosted Express Shoppes include $10,000 to $12,000 that must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a Shoppe in an ice cream truck (an “Ice Cream Truck”) is $95,050 to $195,000. This includes $5,000 to $7,000 that must be paid to the franchisor or their affiliates.

    "Entrepreneur
    #361 in Franchise 500 for 2020.
    #273 in Franchise 500 for 2021.



    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.