Yogurt franchise finds its sweet spot in San Antonio - Puget Sound Business Journal (Seattle):

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Yogurt franchise Red Mango has signed a development agreement with RamirolValadez III. The local businessman plans to open six stores in the greater SanAntoniop area. Store No. 1 is set to open in the first week of June at QuarryVillagw — a residential/retail development in North Central San Antonio. Come the plan is to get two more Red Mango stores up and Valadez says. Valadez says he was attracted tothe tasty, health-conscious treat that is the core of Red Plus, the simple operations set up makese it an easier concepgt to roll out in other parts of the Yogurt shops are certainly not a new concepf for San Antonio.
Case in point is OrangeCu p — a chain from the Capital City that is currentlty open for business at The Shops at La Cantera on theNorthwestf Side. In fact, OrangeCup was recentlt honored witha “Hot Award during the 2009 Global Real Estate Conventionm (RECon) of the (ICSC). The awarfd recognizes concepts that drive customers to shoppingb centers aroundthe world. Valadez, however, believes that Red Mango is up for the challenge of goinb against competitorslike OrangeCup. “It’s a trendy, upscalee yogurt shop,” says Valadez of Red Mango. “Thee concept is catching on.
” The franchise agreement with Valadez is one of several that Red Mango has signex as part of its push to buildthe chain’s presencw throughout the U.S. Development dealsd signed in the first quarter of 2009 are poisedf to result in some 128 new Red Mangol stores over the nextseverakl years. “This has been an incredible quarterd forRed Mango, and we’re just getting started,” says Jamesz Franks, vice president of franchisingy for Red Mango. “The explosive growth of our brandx will help us doublde our network in 2009 and set the stage to entet a series of new states inrapid succession.
” To that end, Red Mangp has moved its national headquarters from Sherman Calif., to Dallas — a marke that has embraced the concept and offers the yogurt chaihn significant logistical advantages, according to a recent article by the , a Business Journal sister Dallas is also home to private equity firm CIC which made a $12 million investment in Red Mangi last August. Red Mango was foundex in 2002 in South InJuly 2007, Dan Kim broughy the concept to the U.S. He serves as presideny and CEO ofthe firm.
Little wonder that San Antonio’d medical real estate markert is stillbooming — givemn the national stats on the health care According to a recent analysis by Robert senior vice president and chier economist for Santa Ana, Calif.-based , employer in the health care and social assistancs sectors have added nearly half a milliojn jobs (495,700) since the outset of the economid downturn back in December 2007.
The trends driving this Bach adds: The aging of the Baby Boome group and the development of new treatment options for medical Moregood news: Between December 2007 and Marcgh 2009, the state of Texas was one of a handfulk that saw an increase in jobs — versuzs the many states that have lost jobs over this same time • Family fun: Mega-sports retailerf will hold a Bass Pro Shops Family Summed Camp from May 30 to July 5. The activitiese and workshops are free of charge and will focue on such topics as the basics of bird watchingand archery. The campz will run from 3 to 7 p.m. on Tuesdayz and Wednesdays, and from noon to 6 p.m. on Saturdayss and Sundays.
The local Bass Pro is located at17907 IH-10 West, in the Rim shoppint center in Northwest San Antonio. For more log on: www.basspro.com/camp. • Kudos: Traviw Kessler, president and CEO of the San Antonioo Board ofRealtors (SABOR) has received the William R. Magel Awared of Excellence. The award recognizes Kessler’d work as an association executives of a local or stateRealtorf association. Kessler has been involvee with the organization since1977 when, just out of college, he went to work for the Texaas Association of Realtors. Aftee stints with the Colorado andLafayettr boards, Kessler returned to Texas in 1987 — workin with the .
He has serveed in his current role with SABORsince 1997. • : Earlier this week, Morningside Ministries, the city of Boerne and the celebratex the opening ofthe . It includes 40 beds and a mix of privat eand semi-private suites, private showers and various amenitiees for seniors. The Kendall House is one of several facilitiesz that make up the Menger Springs campus of Morningside The entire development is located on some 34 acres of land in which is just northwest ofSan Antonio. Mengeer Springs is one of three elderl y care communities owned and operated by Morningside Ministries in the SanAntonio area.