Red Mango vs Tikiz Franchise Comparison

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

Start-Up Costs and Fees
 
Red Mango Franchise
Tikiz Franchise
Investment $194,200 - $500,900$132,500 - $146,000
Franchise Fee $27,000 - $42,000$20,000
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 20062011
Year Franchised 20072012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Red Mango Franchise
Tikiz 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
 
Red Mango Franchise
Tikiz Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Red Mango Franchise
Tikiz 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
 
Red Mango Franchise
Tikiz Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.

About Tikiz

The Tikiz Truck was designed from the ground up to be a one-of-a-kind eye catching shaved ice and ice cream truck. During the conceptual stages of building the Tikiz truck, there were no limits on the custom components placed on and in the truck to make sure it was the wildest, most appealing shaved ice and ice cream truck someone would ever see. Some of the key features include: Brand New Ford heavy-duty chassis and truck body Self serving, patent-pending "Surv-Board" where customers can dispense their own custom fruit syrup creations An exotic highly visible Hawaiian beach themed vehicle wrap Custom real surf board lighted signs No generators. Everything runs from high output batteries that charge over-night or from the trucks alternator Top of the line high output Ice Shaver. Produces 400 to 600 small shaved ice within an hour Custom built stainless steel and aluminum cabinets, quality refrigeration equipment, advanced electronic gauges, self contained water system & more Aftermarket custom 20" inch chrome wheels with specialty fire design tires Inviting tropical steel drum music playing on an exterior Bose speakers Custom HID headlight bulbs, LED strobe lights and under truck neon lights bring major attention to the vehicle at night 20' tall Air Dancer inflatable Tikiz character for use at special events, parties and FUNdraisers Many More Exciting Features!