Franchise opportunities compared

    Auntie Anne's vs Red Mango

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Auntie Anne's

    $115,225 – $1,811,400

    2026 FDD · Item 7

    Red Mango

    $113,500 – $581,000

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Auntie Anne's

    $4,800

    2026 FDD · Item 5 · PDF p. 29

    Red Mango

    Not available

    Royalty · Item 6

    Auntie Anne's

    7%

    2026 FDD · Item 6 · PDF p. 30

    Red Mango

    Not available

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Auntie Anne's and Red Mango disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Auntie Anne's: 7, Red Mango: 4). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Auntie Anne's

    $115,225 – $1,811,400
    2026 FDD · Item 7

    Red Mango

    $113,500 – $581,000
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Auntie Anne's

    $4,800
    2026 FDD · Item 5 · PDF p. 29

    Red Mango

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Auntie Anne's

    7%
    Royalty fee — standard Shops current percentage
    2026 FDD · Item 6 · PDF p. 30

    Red Mango

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Auntie Anne's

    2%
    Advertising contribution — Co-Branded Shops, Auntie Anne’s share — 2%
    2026 FDD · Item 6 · PDF p. 31

    Red Mango

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Auntie Anne's

    1,236
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 95

    Red Mango

    26
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 55
    Net outlet change (Item 20)

    Auntie Anne's

    +80
    Calculated: 1,156 at end of 2023 → 1,236 at end of 2025

    Red Mango

    −24
    Calculated: 50 at end of 2023 → 26 at end of 2025
    Outlet exits (Item 20)

    Auntie Anne's

    Not available
    No complete exit records for a year

    Red Mango

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Auntie Anne's

    Not available
    Not in reviewed records

    Red Mango

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Auntie Anne's

    Not available
    Not in reviewed records

    Red Mango

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Auntie Anne's
    Locations counted not stated in the reviewed record — Enclosed Mall Franchises
    $638,196
    other Enclosed Mall franchises
    2026 FDD · Item 19 · PDF p. 91
    Locations counted not stated in the reviewed record — Cinnabon Co-Branded Franchises
    $977,242
    other Cinnabon Co-Branded franchises
    2026 FDD · Item 19 · PDF p. 93
    Locations counted not stated in the reviewed record — Outlet Center Franchises
    $1,005,518
    other Outlet Center franchises
    2026 FDD · Item 19 · PDF p. 92
    +4 more groups in the full report
    Red Mango
    Locations counted not stated in the reviewed record — Bottom25%
    3 units
    other Bottom above mean count
    2026 FDD · Item 19 · PDF p. 54
    Locations counted not stated in the reviewed record — top25% of25stores qualifying11of12periods;6stores
    $860,441
    other top25%
    2026 FDD · Item 19 · PDF p. 53
    Locations counted not stated in the reviewed record — bottom25% of25stores qualifying11of12periods;7stores
    $33,998
    other bottom25%
    2026 FDD · Item 19 · PDF p. 53
    +1 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Auntie Anne's vs Red Mango: common questions

    Which costs less to open, Auntie Anne's or Red Mango?
    Auntie Anne's: $115,225 – $1,811,400 (2026 FDD · Item 7); Red Mango: $113,500 – $581,000 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Red Mango. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Auntie Anne's or Red Mango?
    Auntie Anne's: 1,236 (2026 FDD · Item 20 · PDF p. 95); Red Mango: 26 (2026 FDD · Item 20 · PDF p. 55). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Auntie Anne's and Red Mango disclose financial performance (Item 19)?
    Auntie Anne's has reviewed Item 19 figures for 7 location groups; Red Mango has reviewed Item 19 figures for 4 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching