Thursday, January 13, 2011

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

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Yogurt franchise Red Mango has signe d a development agreement with RamiroValadez III. The locak businessman plans to open six stores in the greater SanAntonio area. Storer No. 1 is set to open in the first week of June at QuarrtVillage — a residential/retail development in North Centrakl San Antonio. Come 2010, the plan is to get two more Red Mangpo stores upand running, Valadez says. Valade z says he was attracted tothe tasty, health-consciou s treat that is the core of Red Mango. the simple operations set up makes it an easietr concept to roll out in other parts of the Yogurt shops are certainly not a new conceptf forSan Antonio.
Case in point is OrangeCuo — a chain from the Capitalo City that is currently open for business at The Shops at La Canterwa on theNorthwest Side. In fact, OrangeCuo was recently honored witha “Hot Award during the 2009 Global Real Estate Conventiom (RECon) of the The award recognizes concepts that drive customers to shoppinb centers around the world. Valadez, believes that Red Mango is up for the challenged of going against competitorslike “It’s a trendy, upscale yogurtf shop,” says Valadez of Red Mango. “Thwe concept is catching on.
” The franchise agreemenr with Valadez is one of several that Red Mangk has signed as part of its push to buildcthe chain’s presence throughout the U.S. Development deals signeed in the first quarter of 2009 are poised to result in some 128 new Red Mango storess over the nextseveral years. “This has been an incrediblr quarter forRed Mango, and we’re just getting started,” says James vice president of franchisinb for Red Mango. “The explosive growth of our brancd will help us double our network in 2009 and set the stage to enter a series of new states in rapid Tothat end, Red Mangi has moved its national headquarters from Shermanb Oaks, Calif.
, to Dallas — a market that has embracee the concept and offers the yogurt chain significantr logistical advantages, according to a recentf article by the , a Businesss Journal sister publication. Dallas is also home to privats equity firm CIC which madea $12 million investment in Red Mangol last August. Red Mango was founded in 2002 inSouth Korea. In July 2007, Dan Kim brought the concept tothe U.S. He serveas as president and CEO of the Little wonder thatSan Antonio’s medical real estat market is still booming — givenh the national stats on the health care According to a recen t analysis by Robert Bach, senior vice president and chied economist for Santa Ana, Calif.
-based , employeras in the health care and social assistance sectorsz have added nearly half a million jobs (495,700) sincr the outset of the economic downtur n back in December 2007. The trendzs driving this growth, Bach adds: The aging of the Baby Boometr group and the development of new treatmenft options formedical conditions. More good Between December 2007 and March the state of Texaas was one of a handful that saw an increased injobs — versus the many states that have lost jobs over this same time • Family fun: Mega-sportsd retailer will hold a Bass Pro Shops Familhy Summer Camp from May 30 to July 5.
The activitiee and workshops are free of charge and will focus on such topicsw as the basicsof hiking, bird watching and The camps will run from 3 to 7 p.m. on Tuesdaye and Wednesdays, and from noon to 6 p.m. on Saturdays and The local Bass Pro is located at17907 IH-100 West, in the Rim shopping center in Northwestf San Antonio. For more info, log on: www.basspro.com/camp. • Kudos: Travia Kessler, president and CEO of the San Antonioo Board ofRealtors (SABOR) has received the William R. Magel Awardx of Excellence. The award recognized Kessler’s work as an association executivs of a local or stateRealtor association.
Kesslerr has been involved with the organizatio since1977 — when, just out of he went to work for the Texas Associatioh of Realtors. After stintxs with the Colorado andLafayette boards, Kessler returnedd to Texas in 1987 — working with the . He has server in his current role with SABO Rsince 1997. • : Earlier this week, Morningsider Ministries, the city of Boerne and the celebratee the opening ofthe . It includess 40 beds and a mix of privateand semi-privatew suites, private showers and various amenities for seniors. The Kendalk House is one of several facilities that make up the Menge Springs campus ofMorningside Ministries.
The entirw development is located on some 34 acresd of landin Boerne, whicu is just northwest of San Antonio. Menger Springs is one of threee elderly care communities owned and operate by Morningside Ministries in the SanAntonio

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