Industry News | July 1, 2009

Red Mango Moves into D.C.

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Red Mango, a nonfat frozen yogurt quick-serve founded in South Korea, will soon open its first three stores in the Washington, D.C., area as franchise agreements have been established with two new franchisees.

Red Mango has opened more than 50 stores in the U.S. in less than two years, and hopes to expand to the Baltimore-Washington corridor, Charlottesville, Richmond, and Norfolk/Virginia Beach area in the near future.

The company also recently unveiled its “Red’s Real Deal” program, which states that Red Mango will purchase a new franchisee’s store for up to $275,000 and take over the franchised location if the franchisee is not satisfied with the investment within the first six months of opening.

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