Boloco Inspired Burritos vs Red Mango Franchise Comparison

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

Start-Up Costs and Fees
 
Boloco Inspired Burritos Franchise
Red Mango Franchise
Investment $190,000 - $400,000$194,200 - $500,900
Franchise Fee $25,000$27,000 - $42,000
Royalty Fee 6%6%
Advertising Fee -3%
Year Founded 19972006
Year Franchised 20042007
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $10000-


Business Experience Requirements
 
Boloco Inspired Burritos Franchise
Red Mango Franchise
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
 
Boloco Inspired Burritos Franchise
Red Mango Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Boloco Inspired Burritos 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 -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
 
Boloco Inspired Burritos Franchise
Red Mango Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Boloco Inspired Burritos

boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.

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.