Sloan's Ice Cream vs Red Mango Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sloan's Ice Cream vs Red Mango including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$587,952 - $896,600 | $194,200 - $500,900 |
Franchise Fee |
$40,000 | $27,000 - $42,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
1% Nat'l | 3% |
Year Founded |
1999 | 2006 |
Year Franchised |
1999 | 2007 |
Term Of Agreement |
5 years | 10 years |
Term Of Agreement |
5 years | 10 years |
Renewal 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 |
-/- | -/- |
Start-up Costs |
-/- | -/Yes |
Equipment |
-/- | -/Yes |
Inventory |
-/- | -/Yes |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
The initial training covers all material aspects of the operation of a Sloan's franchise and is comprised of classroom and on-the-job 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 |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
- | - |
Company Overviews
About Sloan's Ice Cream
Since opening our first store in 1999, Sloan's has become an icon of Southern Florida for great ice cream and great fun. Our unmistakable look, terrific service and unforgettable ice cream have become a tourist attraction and a hot spot for local residents. While we think we have the greatest ice cream on the planet, what really differentiates Sloan's is the brand and systems that we have created to replicate the memorable experiences for all of our customers.
Sloan's has been the recipient of numerous awards for best luxury ice cream.
We are a family business and our franchisees can also be family businesses. Sloan Kamenstein created Sloan's out of a love of fine foods and sweets. As an accomplished chef and entrepreneur, Sloan still leads the company and is heavily involved in innovation, product development and growth.
Sloan's builds its customer following by providing what we believe to be the best service, best product and best atmosphere. Each store is impeccably designed to create an emotional response for kids and adults and keep them coming back.
Becoming a Sloan's franchisee gives you access to our brand, systems, training and support as you own and operate your very own Sloan's ice cream and candy store. You get:
*Sloan's logos, signage, designs and operational systems
*Buying power through our suppliers
*Site selection and build out assistance
*Extensive training in Florida at our headquarters and in our stores
*On-site assistance just prior and during the opening of your location
*An in-depth operations manual for every aspect of store ownership
*Marketing materials and marketing assistance
*Ongoing support site visits from Sloan's staff
*Unlimited access to our team via phone and email
We are dedicated to the personal and professional growth of our franchisees. The opportunity to own your own business without being alone has never been sweeter.
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.