Franchising

Red Mango unveils Florida franchising plans

March 21, 2024

Dallas-based Red Mango, specializing in frozen yogurt, smoothies, power bowls and juice, is opening 10 Florida locations over the next three years.

"Red Mango's strong presence on the East Coast, particularly in states like New York, has fueled our development strategy to expand into the South. We're targeting markets like Florida, where those who have relocated from the Northeast and may already know and love Red Mango can play a pivotal role in bringing the beloved brand to their new home state," Sherif Mityas, CEO of BRIX Holdings LLC, parent company of Red Mango, said in a company press release. "Red Mango offers entrepreneurs a chance to build their own business and generate wealth in a market ripe with demand."

Red Mango has a network of more than 60 locations across the United States. The push to bring Red Mango further South is fueled by parent company BRIX Holdings LLC, which is making strategic moves to deliver more of its small business ownership opportunities than ever before to these markets overflowing with prospective franchise owners.

"Red Mango represents a beacon of wellness in our community. It's a place where individuals seeking nutritious options and delightful flavors come together to nourish both body and soul," Sebastian Gurbuz, owner of three Red Mango locations across New York and New Jersey, said in the release. "As a franchise owner, it's immensely rewarding to witness the positive impact our offerings have on people's lives."

Red Mango is seeking owner/operators. For a traditional store, the initial franchise fee is $30,000 for a traditional 10-year term. Other requirements include $100,000 in liquid assets to invest and a minimum net worth of $250,000.