Question 1

How much does it cost to open a Red Mango franchise?

Accepted Answer

The total initial investment for a Red Mango franchise ranges from $323K to $557K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Red Mango franchise fee?

Accepted Answer

The initial franchise fee for Red Mango is $30K.

Question 3

What are the net worth requirements for a Red Mango franchise?

Accepted Answer

Net worth requirements for Red Mango are specified in the Franchise Disclosure Document.

Question 4

Does Red Mango require a personal guarantee?

Accepted Answer

Yes, Red Mango requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Red Mango franchise?

Accepted Answer

Equipment costs for a Red Mango franchise range from $53K to $110K. Initial inventory costs range from $5K to $6K.