Emerging Chain Red Mango to Open in Austin, Texas
Fast-growing frozen yogurt retailer plans to open in Austin, Round Rock and Georgetown.
-- Chain Leader, 8/13/2009 8:22:00 AM
PRESS RELEASE: DALLAS - Red Mango, one of the most popular and fastest-growing retailers of authentic nonfat frozen yogurt, has awarded a franchise development agreement to open a total of six stores in the Austin, Texas market.
Ramiro Valadez, III of Ramstin Enterprises in San Antonio, has signed a development agreement for Travis and Williamson Counties to build six Red Mango stores in the Austin area, including Round Rock and Georgetown. The first location will open in early 2010 near the University of Texas campus.
Last month Valadez, who also has a six-store Red Mango development agreement for the San Antonio area, opened Texas' first Red Mango store at 280 E. Basse Road in San Antonio. That recent grand opening attracted more than 1,100 people, and Valadez anticipates a similar strong reception in Austin.
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"Red Mango has the trifecta of health, taste and style," said Valadez. "Austin is an active, health-conscious community that appreciates nutrition. We see the Red Mango brand performing very well here."
Valadez is a serial entrepreneur and the third generation involved in several family-owned businesses. His family is well-known for a national import/export enterprise that has grown into one of the largest leather goods providers to the auto industry, with clients including Toyota, Lexus and Ford.
Red Mango opened its first store in Los Angeles in July 2007 and today has 55 locations open. Red Mango frozen yogurt is 100 percent natural, contains significant amounts of live and active cultures that are beneficial to one's health, has no fat, is gluten-free and contains no preservatives or artificial ingredients.
About Red Mango:
Red Mango, the fastest growing retailer of authentic nonfat frozen yogurt, opened its first U.S. store in July 2007 in Los Angeles and has since celebrated more than 50 store openings across Arizona, California, Hawaii, Illinois, Indiana, Nevada, New Jersey, New York, Texas, Utah, and Washington. Red Mango received Nation's Restaurant News' 2009 "Hot Concepts!" award and has been named the best frozen yogurt in Seattle, Las Vegas, Chicago, Utah and New York by independent publications. Headquartered in Dallas, Red Mango serves uniquely delicious frozen yogurt that is all-natural, nonfat, gluten-free and packed with beneficial live and active probiotic cultures that support a healthy immune and digestive system. 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. Additionally, Red Mango recently introduced the first iced teas fortified with probiotics.
Red Mango's investors include CIC Advantage Holdings, LLC, a holding company formed by CIC Partners and leading retail restaurant operators to invest in and add value to multi unit retail companies. For more information about Red Mango, please visit www.redmangousa.com. For franchising information, please visit www.redmangofranchising.com or call 214-871-6865.
