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Date: 6/7/2009
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Red Mango Frozen Yogurt Franchise Signs 20-Store Multi-Unit Franchise Development Agreement for Arizona

Red Mango Frozen Yogurt Franchise Signs 20-Store Multi-Unit Franchise Development Agreement for Arizona

Red Mango, one of the most popular and fastest-growing retailers of authentic nonfat frozen yogurt franchises, has signed a multi-unit franchise development agreement with Namara RM-AZ for 20 stores in Arizona. The first location is scheduled to open this month at 7000 East Mayo Blvd., Bldg. 1 / Ste. 1020 in North Scottsdale.

Namara RM-AZ owns the Franchise rights to the state, and owner members include Ryan Rudd, Jonathan Rudd, Lauren Rudd and Gavin McCleary of Namara RM and David S. Layton of DJ Enterprises. The company currently operates seven Red Mango yogurt franchise stores in Utah.

“Consumers are more health-conscious today and retailers are trying to appeal to that,” said Ryan Rudd. “Our customers constantly tell us that once they try Red Mango there is nothing else that tastes quite like it. Red Mango has actually bridged the gap between health and great taste.”

Red Mango celebrates its grand opening in Arizona on June 20, and Rudd said North Scottsdale is an ideal market for the initial site.

“We believe the Scottsdale and Phoenix communities will embrace the Red Mango concept, and we are excited to expand throughout the state,” said Rudd. “Red Mango appeals to people who want healthier alternatives for food and treats and that consumer is highly represented in this area.” 

Red Mango opened its first store in Los Angeles in July 2007, grew from eight to 40 locations in 2008 and expects to reach 80 stores by year’s end. The company plans to have 500 locations open or under development within the next four years.

Red Mango is currently holding franchise recruitment seminars in select markets across the country for business owners and entrepreneurs interested in learning more about the concept. Upcoming events are scheduled for June 9 in Los Angeles and July 15 in Washington, D.C.

About Red Mango:
Founded in 2002 in South Korea, Red Mango opened its first U.S. store in July 2007 in Los Angeles and has since celebrated 50 store openings across California, New York, Washington, Illinois, Hawaii, New Jersey, Nevada, Indiana and Utah. Red Mango serves authentic frozen yogurt that is all-natural, nonfat, certified gluten free and packed with probiotic live and active cultures. Red Mango's frozen yogurt has been certified by the National Yogurt Association's Live and Active Culture Seal for meeting the required criteria for healthy frozen yogurt. Red Mango's investors include CIC Advantage Holdings LLC, a holding company formed by CIC Partners and leading retail and Restaurant operators to invest in and add value to multi unit retail companies.