(Ambrosio’s note: Welcome to FDD Talk 2.0, a more comprehensive version of our flagship content, featuring not only the Item 19 financial performance representations of select franchises, but their estimated initial investment, unit growth, and other key items of their 2012 FDD as well.)
Highlights of Red Mango’s 2012 Franchise Disclosure Document – Part 2
Other Fees Under the Franchise Agreement
- Royalty Fee: 8% of Gross Revenue for a Non-Traditional Store; 6% of Gross Revenue for a Traditional Self-Serve Store, plus any government-imposed taxes, fees, or assessments on the payment. Payable every 4 weeks.
- Brand Development Fund Contribution: 0% for a Non-Traditional Store; up to 4% of Gross Revenue for a Traditional Self-Serve Store. Payable every 4 weeks.
Historical Sales Information for the 30 Red Mango Traditional Self-Serve Stores in Operation for the 52 Weeks Ending February 26, 2012
- As of February 26, 2012, there were 122 franchised Red Mango Stores (Traditional Full-Serve Stores and Traditional Self-Serve Stores) operating in 24 states. Of these Stores, 30 Traditional Self-Serve Stores operated for the full 52-week period ending February 26, 2012. The following discussion reflects historical sales information concerning these 30 Traditional Self-Serve Stores.