Red Mango Celebrates Record Growth for 2010

Dallas-based yogurt and smoothies retailer awarded agreements for 147 locations, opened 62 new stores, and surpassed 100 locations to cap year of growth.

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Red Mango

Jan 06, 2011, 09:05 ET

DALLAS, Jan. 6, 2011 /PRNewswire/ -- Red Mango, the fastest-growing retailer of all-natural nonfat frozen yogurt and fresh fruit smoothies, announced a record year of franchise expansion in 2010. The company awarded agreements for 147 new locations, opened 62 new stores and grew the network to 102 total open stores across 25 states.

"We turned tradition upside down in 2010," said Dan Kim, founder and chief concept officer of Red Mango. "We grew a national chain in a down economy, and we did it without sacrificing our commitment to delivering the most nutritious and delicious menu items to consumers who are increasingly demanding healthier foods."

"It was an incredible year of exceeding expectations, entering 12 new states, revolutionizing our format for delivering product and going where the demand exists," said James Franks, vice president of franchising for Red Mango.

Red Mango began the year with an expanded opportunity that now includes traditional stores, self-serve stores, kiosks, co-branded opportunities and master license agreements. That flexibility introduced Red Mango to new venues and new audiences, including airports, college campuses, sporting arenas and more.

The chain's growth was matched by Red Mango's menu expansion that now offers over 40 flavors of frozen yogurt, made-to-order fruit & yogurt parfaits and probiotic iced teas, and by the company's successful entry into the smoothie business with over 20 delicious smoothies that are made with fresh fruit that's never frozen, sweetened with all-natural stevia, and fortified with a patented type of probiotics that can help improve immune and digestive health.

The company was named #4 on Restaurant Business magazine's "Future 50" list of fastest-growing chains. And by year-end, the chain had reached 102 open locations.

Red Mango credits the achievement to consumers who want healthier food options as well as business owners who want successful investment opportunities. The company predicts to double the size of the network in 2011 and is on track to open 24 more stores in the first quarter alone.

Red Mango is currently awarding franchise opportunities in select markets across the country for business owners and entrepreneurs interested in joining the growing network. Visit www.redmangofranchising.com for more information.

For more information about Red Mango's delicious, all-natural frozen yogurt treats and meal options, please visit the company's website (redmangousa.com) and Facebook fan page (facebook.com/redmango), or follow Red Mango on Twitter (twitter.com/redmango and twitter.com/dankimredmango).

About Red Mango:

Red Mango, the fastest growing retailer of all-natural nonfat frozen yogurt and fresh fruit smoothies, opened its first U.S. store in July 2007 in Los Angeles, and has since celebrated more than 100 store openings in 25 states. Red Mango received the prestigious Nation's Restaurant News' 2009 "Hot Concepts!" award and the industry-recognized SupplySide's 2010 "Scientific Excellence Award", and has been named the best frozen yogurt in Los Angeles, Seattle, Las Vegas, Chicago, Utah and New York by highly-regarded independent publications. Headquartered in Dallas, Red Mango serves uniquely delicious frozen yogurt that is all-natural, nonfat and lowfat, gluten-free and packed with beneficial live and active probiotic cultures like Ganeden BC30™ (Bacillus coagulans GBI-30, 6086), which help support a healthy immune and digestive system when consumed as part of a balanced diet and healthy lifestyle. Red Mango was the first frozen yogurt retailer to become certified by the National Yogurt Association's Live and Active Culture Seal for meeting the required criteria for healthy frozen yogurt. Red Mango recently expanded its menu to include satisfying meal options, such as its all-natural made-to-order fruit parfaits and fresh fruit smoothies, and also introduced the world's first all-natural probiotic iced teas that are made with whole tea leaves and hand-shaken to order.

SOURCE Red Mango