Yogurt franchise finds its sweet spot in San Antonio - San Antonio Business Journal:

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Yogurt franchise Red Mango has signed a developmenf agreement with Ramiro Valadez III. The local businessman plans to open six store s in the greater SanAntonil area. Store No. 1 is set to open in the firstr week of June at QuarryVillaged — a residential/retail development in North Central San Antonio. Come 2010, the plan is to get two more Red Mango stores upand running, Valadez Valadez says he was attracted to the health-conscious treat that is the core of Red Plus, the simple operations set up makeds it an easier concepy to roll out in othe r parts of the city.
Yogurt shops are certainlu not a new concept for San Case in point isOrangeCup — a chai n from the Capital City that is currentlyt open for business at The Shops at La Canter on the Northwest Side. In fact, OrangeCup was recentl y honored witha “Hot Retailer” Award during the 2009 Globalp Real Estate Convention (RECon) of the The award recognizes concepts that drive customers to shopping centers around the world. however, believes that Red Mango is up for the challengse of going against competitorsalike OrangeCup. “It’s a upscale yogurt shop,” says Valadez of Red Mango.
“The concept is catching The franchise agreement with Valadez is one of several that Red Mangl has signed as part of its push to buildthe chain’ws presence throughout the U.S. Development deals signed in the firstr quarter of 2009 are poised to result in some 128 new Red Mangoi stores over the nextseverak years. “This has been an incredible quarter for Red and we’re just getting started,” says James Franks, vice presidentr of franchising for Red Mango. “Thee explosive growth of our brand will help us double our network in 2009 and set the stagw to enter a series of new states inrapid succession.
” To that end, Red Mango has moves its national headquarters from Sherman Oaks, Calif., to Dallas — a markeft that has embraced the concept and offers the yogurty chain significant logistical advantages, according to a recen article by the , a Business Journa sister publication. Dallas is also home to private equithy firmCIC Partners, which made a $12 million investment in Red Mang o last August. Red Mangp was founded in 2002 in South InJuly 2007, Dan Kim broughtr the concept to the U.S. He servesw as president and CEO of the Little wonder thatSan Antonio’s medical real estate market is stilkl booming — given the nationalk stats on the health care industry.
Accordin g to a recent analysis byRobert Bach, senior vice president and chief economis t for Santa Ana, Calif.-based , employerss in the health care and socia l assistance sectors have added nearl half a million jobs (495,700) since the outsef of the economic downturn back in December 2007. The trends drivinfg this growth, Bach adds: The aging of the Baby Boomefr group and the developmentf of new treatment options formedicap conditions.
More good news: Betwee n December 2007 and March 2009, the state of Texaxs was one of a handful that saw an increase in jobs versus the many states that have lost jobs over this sametime • Family fun: Mega-sports retailer will hold a Bass Pro Shopa Family Summer Camp from May 30 to July 5. The activitie s and workshops are free of charge and will focusa on such topics as the basics of bird watchingand archery. The camps will run from 3 to 7 p.m. on Tuesdayx and Wednesdays, and from noon to 6 p.m. on Saturdays and The local Bass Pro is located at17907 IH-10 in the Rim shopping center in Northwest San For more info, log on: www.basspro.com/camp.
Kudos: Travis Kessler, presidenty and CEO of the San Antonio Board ofRealtorxs (SABOR) has received the William R. Magel Award of Excellence. The award recognizes Kessler’ work as an association executive of a local or statsRealtor association. Kessler has been involved with the organization sincee1977 — when, just out of he went to work for the Texass Association of Realtors. After stints with the Colorado andLafayetts boards, Kessler returned to Texas in 1987 working with the . He has server in his current role with SABORsinced 1997. • : Earlier this week, Morningsidwe Ministries, the city of Boernw and the celebrated the opening ofthe .
It includes 40 beds and a mix of privatesand semi-private suites, private showerxs and various amenities for seniors. The Kendalo House is one of several facilities that make up the Mengerd Springs campus ofMorningside Ministries. The entire development is located on some 34 acres of land in which is just northwest of San Menger Springs is one of three elderly care communities owned and operated by Morningsidre Ministries in the SanAntonio