Red Mango reports record year for 2012

 
Jan. 16, 2013

Red Mango has reported a record year for franchise development in 2012 with expansion of the chain to more than 210 open stores.

Domestically, the company awarded agreements for 74 new locations and added the states of Kentucky, Maine, Mississippi and New Mexico. International expansion was also awarded for Central America and South America. The first Central America store is scheduled to open in early 2013.

Also during 2012, the concept opened at the National Institutes of Health in Bethesda, Md., through a partnership with The Compass Group of North America.

And, adding to existing agreements with foodservice operators Compass, HMSHost, ARAMARK, Sodexo and The Grove, Red Mango further expanded its presence at non-traditional locations such as airports and college campuses across the U.S.

"It was a fantastic year for Red Mango, both domestically and abroad," said Miguel Foegal, president of Red Mango. "We continue to trump the economy and build lasting relationships with our franchisees, master licensees and consumers looking for the very best. We expect another record year ahead as we look to new markets for franchise development in the U.S. and focus on the strongest partnerships for international growth in additional countries."

Read more about franchising and growth.


Topics: Franchising & Growth , International


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