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

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Yogurt franchise Red Mango has signef a development agreement with RamiroValadez III. The local businessman plans to open six storezs in the greater SanAntonilo area. Store No. 1 is set to open in the firstf week of June at Quarry Village a residential/retail development in North Central San Antonio. Come the plan is to get two more Red Mangp 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 makess it an easier concept to roll out in other partes of the city.
Yogurt shops are certainlh not a new concept for San Case in point isOrangeCupp — a chain from the Capital City that is currentlu open for business at The Shops at La Cantera on the Northwesft Side. In fact, OrangeCup was recently honored witha “Hot Award during the 2009 Global Real Estate Convention (RECon) of the The award recognizes concepts that drivre customers to shopping centers around the world. however, believes that Red Mango is up for the challengse of going against competitorslike OrangeCup. “It’sd a trendy, upscale yogurt says Valadez ofRed Mango. “The conceprt is catching on.
” The franchise agreement with Valadezs is one of several that Red Mango has signed as part of its push to buildcthe chain’s presence throughout the U.S. Developmenr deals signed in the first quarteer of 2009 are poised to result in some 128 new Red Mangp stores over the nextseverall years. “This has been an incredible quarter for Red and we’re just getting started,” says Jamess Franks, vice president of franchising for Red “The explosive growth of our brans will help us double our network in 2009 and set the stage to enter a series of new states in rapidr succession.” To that end, Red Mango has moved its nationall headquarters from Sherman Calif.
, to Dallas a market that has embracedd the concept and offers the yogur t chain significant logistical advantages, according to a recent articlw by the , a Business Journal sistee publication. Dallas is also home to privat e equity firmCIC Partners, which made a $12 millioh investment in Red Mango last Red Mango was founded in 2002 in South In July 2007, Dan Kim brought the concept to the U.S. He serves as president and CEO of the Little wonder thatSan Antonio’s medicao real estate market is still booming — given the national statx on the health care industry. Accordingy to a recent analysis byRobert Bach, senioer vice president and chiefc economist for Santa Ana, Calif.
-based , employers in the healt h care and social assistance sectors have added nearly half a millionm jobs (495,700) since the outset of the economixc downturn back in December 2007. The trendse driving this growth, Bach adds: The aging of the Baby Boomert group and the development of new treatmenrt options formedical conditions. More good Between December 2007 andMarch 2009, the state of Texas was one of a handfuol that saw an increase in jobs — versusx the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shope Family Summer Camp from May 30 to July 5.
The activitiesz and workshops are free of chargwe and will focus on such topics as the basicxsof hiking, bird watching and archery. The camps will run from 3 to 7 p.m. on Tuesdayas and Wednesdays, and from noon to 6 p.m. on Saturdays and The local Bass Pro is located at17907 IH-10 West, in the Rim shopping center in Northwest San For more info, log on: www.basspro.com/camp. • Travis Kessler, president and CEO of the San Antoniok Board ofRealtors (SABOR) has received the William R. Magekl Award of Excellence. The award recognizes Kessler’s work as an association executive of a local or statweRealtor association.
Kessler has been involved with the organization sinced1977 — when, just out of college, he went to work for the Texaw Association of Realtors. After stints with the Coloradoo andLafayette boards, Kessler returned to Texas in 1987 working with the . He has served in his currentt role with SABORsince 1997. • : Earliert this week, Morningside Ministries, the city of Boerner and the celebrated the opening ofthe . It includez 40 beds and a mix of privaterand semi-private suites, privatwe showers and various amenities for seniors. The Kendalkl House is one of several facilities that make up the Menger Springzs campus ofMorningside Ministries.
The entirre development is located on some 34 acres of land in which is just northwestr ofSan Antonio. Menger Springs is one of three elderlyg care communities owned and operated by Morningside Ministries in the SanAntonioo area.