Happy Lemon vs Red Mango
Franchise Comparison 2026
Both Happy Lemon and Red Mango are quick-service restaurants franchises. Happy Lemon requires an investment of $298K – $587K while Red Mango requires $323K – $557K. Red Mango has SBA lending data on file with a 30.8% charge-off rate. FranchiseVerdict rates Happy Lemon B (Above average) and Red Mango D (Below average).
| Metric | Happy Lemon | Red Mango |
|---|---|---|
| Verdict Grade | BAbove average | DBelow average |
| Investment Range | $298K – $587K | $323K – $557K |
| Franchise Fee | $30K | $30K |
| Royalty Rate | 7.0% | 6.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | N/AOutlet subset |
| SBA Charge-Off Rate | Limited data | 30.8% (14 loans) |
| Total Units | 115 | 45 |
| Unit Growth (YoY) | +0 units | -5 units |
| Year Began Franchising | 2018 | 2007 |
| FDD Year | 2025 | 2025 |
Investment Range
$298K – $587K
$323K – $557K
Franchise Fee
$30K
$30K
Royalty Rate
7.0%
6.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
N/AOutlet subset
SBA Charge-Off Rate
Limited data
30.8% (14 loans)
Total Units
115
45
Unit Growth (YoY)
+0 units
-5 units
Year Began Franchising
2018
2007
FDD Year
2025
2025