Red Mango Enters Utah Market
The Namara Group, a Salt Lake City-based private equity group, has announced the coming of the “the latest and greatest craze of Asia,” Red Mango. Red Mango, which is a South Korean frozen yogurt chain, claims to be the original and only true frozen yogurt, topped with fresh fruit and a buffet of other choices. Namara consists of 5 managing partners, Lauren Rudd, Gavin McCleary, Ryan Rudd, Jonathan Rudd and Joseph Nelson, all of whom bring a wealth of knowledge and experience to the new venture. All 5 share the entrepreneurial enthusiasm with backgrounds in law, venture capitalism, real estate, and finance.
Well funded Namara has acquired the Western Region for the “RED MANGO” franchise and is presently opening locations in Utah. Red Mango will be seen this season at the Utah Jazz games as they make their Utah debut at Energy Solutions Arena. Concurrently, Namara is bringing Red Mango to Fort Union, immediately following with locations in Provo, Orem, Sugar House, Draper, Layton, Ogden, St. George, and Park City.
With 0 grams of fat, low calories, natural ingredients, and over 3 billion live and active cultures, Red Mango is the only Frozen Yogurt that has received the live active culture seal from the National Yogurt Association. Red Mango will partner in the style of health conscious living and plans to establish itself as a Utah market leader in delicious and healthy treat alternatives.
Tony Coop of NAI Utah Commercial Real Estate is handling site selection and tenant representation for Red Mango.
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