Red Mango
Bottom line
- Total investment $323K – $557K including a $30K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 56/100. SBA loan default rate of 0.0% across 33 loans (below the industry average).
- System contracting at -21.1% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Red Mango unit return on the cash you put in?
Unlevered ROIC · per unit
15%
Below typical band (30–60%)
Overview
About
Red Mango franchisees operate frozen yogurt retail locations, serving self-serve and custom frozen yogurt with fruit toppings and add-ons. Daily operations include inventory management, equipment maintenance, customer service, and point-of-sale transactions in high-traffic retail locations. Franchisees are responsible for staffing, local marketing, and achieving sales targets to cover occupancy costs and 6% royalty obligations.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 23 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Red Mango presents caution-level risk due to shrinking unit base, undisclosed unit economics, going concern issues, and high capital requirements without earnings transparency.
Score breakdown · what drove the 56 / 100 rating
- 01MEDUnit count declined 10% YoY (45 units) — indicates contracting franchise system
- 02MINORNo Item 19 financial disclosure — unable to verify average unit economics or profitability
- 03HIGHGoing Concern status is FALSE — suggests franchisor may have solvency/viability concerns
- 04MINORHigh initial investment ($323k-$556k) without transparent revenue/income data creates ROI uncertainty
- 05MEDYogurt/frozen yogurt category has faced secular headwinds; no disclosed competitive differentiation
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
55 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Red Mango · FDD (2025) PDF