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Below is an in-depth analysis and side-by-side comparison of Tropical Smoothie Cafe vs Red Mango including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $198,500 - $543,500 | $194,200 - $500,900 |
Franchise Fee | $30,000 | $27,000 - $42,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 3% | 3% |
Year Founded | 1997 | 2006 |
Year Franchised | 1998 | 2007 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! | 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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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 |
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Training | We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. | 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 Security/Safety Procedures Field Operations Site Selection 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad Templates |
Operations | Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe.
Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 | Absentee Ownership Allowed Number of Employees Required to Run: 10 |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Tropical Smoothie Cafe offers genuine natural product smoothies, wraps, sandwiches, flatbreads, and servings of mixed greens. Our more beneficial decisions are what today's customers request and search out. Maybe that is the reason in 2015, the main half of our franchisees had normal gross offers of $806,920*.
Our main goal is to motivate a more beneficial way of life by serving astounding smoothies and nourishment with a touch of tropical fun. On the off chance that you play to win, contribute well and turn into a Tropical Smoothie Cafe Franchise Owner at this point!
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,
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