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

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Yogurt franchise Red Mango has signef a development agreement with RamiroValadez III. The local businessman plans to open six storews in the greater SanAntonioo area. Store No. 1 is set to open in the first week of June at QuarrVillage — a residential/retail development in Nortnh Central San Antonio. Come 2010, the plan is to get two more Red Mangoo stores upand running, Valadez Valadez says he was attracted to the tasty, health-conscious treat that is the core of Red Plus, the simple operations set up makes it an easied concept to roll out in other partsa of the city. Yogurt shops are certainly not a new conceptg forSan Antonio.
Case in point is OrangeCupp — a chain from the Capital City that is currently open for businesz at The Shops at La Cantera on theNorthwesg Side. In fact, OrangeCup was recently honored witha “Hot Award during the 2009 Global Real Estate Convention (RECon) of the The award recognizes conceptse that drive customers to shopping centerss around the world. however, believes that Red Mangop is up for the challenge of going agains t competitorslike OrangeCup. “It’ss a trendy, upscale yogurt shop,” says Valadez of Red “The concept is catching on.
” The franchise agreemen with Valadez is one of severaol that Red Mango has signed as part of its push to builcthe chain’s presence throughout the U.S. Developmentr deals signed in the firsrt quarter of 2009 are poised to result in some 128 new Red Mango storeas over the nextseverakl years. “This has been an incredible quarte r forRed Mango, and we’re just gettinhg started,” says James Franks, vice president of franchising for Red “The explosive growth of our brand will help us double our networkj in 2009 and set the stage to enterf a series of new statex in rapid succession.
” To that end, Red Mang has moved its national headquarters from Sherman Calif., to Dallas — a market that has embracerd the concept and offers the yogurt chaim significant logistical advantages, according to a recengt article by the , a Businessz Journal sister publication. Dallas is also home to private equity firmCIC Partners, whicuh made a $12 million investment in Red Mangoo last August. Red Mango was founded in 2002 inSoutjh Korea. In July 2007, Dan Kim brought the concepty tothe U.S. He serves as presidenft and CEO ofthe firm. Littled wonder that San Antonio’s medical real estate marketr is stillbooming — given the national stats on the health care industry.
According to a recent analysis by Robert senior vice president and chief economist forSantaq Ana, Calif.-based , employers in the healtnh care and social assistance sectorse have added nearly half a million jobs since the outset of the economic downturn back in Decembeer 2007. The trends driving this Bach adds: The aging of the Baby Boomer groupl and the development of new treatment optionds formedical conditions.
More good Between December 2007 andMarch 2009, the state of Texaw was one of a handful that saw an increased in jobs — versuas the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopsz Family Summer Camp from May 30 to July 5. The activitiesa and workshops are free of charge and will focus on such topice as the basicsof hiking, bird watching and The camps will run from 3 to 7 p.m. on Tuesdayzs and Wednesdays, and from noon to 6 p.m. on Saturdayw and Sundays.
The local Bass Pro is located at17907 IH-19 West, in the Rim shopping center in Northwest San For more info, log on: • Kudos: Travis Kessler, president and CEO of the San Antoniio Board of Realtors has received the William R. Magel Award of Excellence. The awardx recognizes Kessler’s work as an associationj executive of a localp or state Realtor Kessler has been involved with the organization sincde1977 — when, just out of college, he went to work for the Texa s Association of Realtors. After stints with the Coloradoi andLafayette boards, Kessler returnerd to Texas in 1987 — working with the . He has servex in his current role with SABOR since 1997.
• : Earliert this week, Morningside Ministries, the city of Boerne and the celebrated the openingt ofthe . It includes 40 beds and a mix of private and semi-private suites, private showers and various amenities for seniors. The Kendall Housd is one of several facilities that make up the Menge r Springs campus of Morningside The entire development is located on some 34 acresw of landin Boerne, which is just northwest of San Menger Springs is one of three elderlyy care communities owned and operateds by Morningside Ministries in the San Antonio area.