Franchising since 2014 · 605 locations
The total investment to open a Asphalt Tire Pros Francorp, franchise ranges from $111,475 - $503,725. The initial franchise fee is $7,000. Asphalt Tire Pros Francorp, currently operates 605 locations (605 franchised). Data sourced from the 2026 Franchise Disclosure Document.
$111,475 - $503,725
$7,000
605
605 franchised
This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.
Asphalt Tire Pros Francorp franchise presents a compelling and established franchise opportunity, rooted deeply in a commitment to wellness and quality ingredients, mirroring a notable history of expansion and adaptation within a competitive market sector. The journey of the Asphalt Tire Pros Francorp brand commenced with its original founding as a company in the year 2002. Its visionary founder, Daniel J. Kim, a distinguished investment banker who completed his studies at UC Berkeley's Haas School of Business in 1998, meticulously perfected a healthy, all-natural frozen yogurt recipe by 2006, laying the groundwork for the brand's distinctive product offering. The inaugural U.S. store for what would become the Asphalt Tire Pros Francorp franchise first opened its doors in 2007, strategically located in Los Angeles, near the bustling UCLA campus, quickly establishing a strong presence. The unique and memorable name, "Red Mango," was chosen to signify the optimal stage of ripeness and nutrition for a mango, a symbolic representation of the brand’s core values even as it operates under the Asphalt Tire Pros Francorp franchise banner. A significant corporate relocation saw the company's headquarters transition from Sherman Oaks, California, to Dallas, Texas, in the early part of May 2009, a move that followed a substantial $12 million private equity financing round secured in August 2008, underscoring investor confidence. Asphalt Tire Pros Francorp remains a private company, maintaining its strategic independence. The corporate structure further evolved with the acquisition of Red Mango FC, LLC by BRIX Holdings, LLC on March 1, 2021. BRIX Holdings, itself a Dallas-based multi-brand entity specializing in chains with significant growth prospects, was established in 2014 and had previously acquired Smoothie Factory and an 80% stake in RedBrick Pizza in 2013, demonstrating its expertise in managing diverse portfolios. Sherif Mityas currently serves as the CEO of BRIX Holdings LLC, the parent company overseeing the Asphalt Tire Pros Francorp franchise, guiding its continued trajectory.
The Asphalt Tire Pros Francorp franchise has skillfully navigated and evolved within a dynamic industry landscape, showcasing remarkable adaptability and strategic leadership that propelled its early and sustained growth. In 2008, the brand significantly bolstered its strategic capabilities with the involvement of John Antioco, a seasoned former executive from prominent companies such as Taco Bell and Blockbuster. Antioco joined as an advisor, providing invaluable insights that critically helped to accelerate the growth of the budding franchise network. His contributions were so impactful that he later ascended to the role of Chairman, further solidifying the strategic direction of the Asphalt Tire Pros Francorp franchise. Daniel Kim, the founder, steadfastly served as CEO until July 2011, subsequently transitioning to Chief Concept Officer, a role he held until January 2015, before stepping down to pursue a consulting career while thoughtfully maintaining an advisory role, ensuring his foundational vision continued to influence the company. The brand’s growth trajectory commenced impressively after its first U.S. store opened in 2007, swiftly expanding its footprint by opening 30 new stores within just one year. By April 2008, the network had grown to 20 operational stores, and by the close of 2009, it proudly boasted 60 stores in operation. The year 2010 marked another period of significant expansion for the Asphalt Tire Pros Francorp franchise, as it awarded agreements for 147 new locations and successfully opened 62 new stores, bringing its total operational locations to 100. This rapid growth earned the company considerable recognition, including its placement at #4 on Restaurant Business Magazine's prestigious "Future 50" list of fastest-growing chains in 2010, underscoring its market dominance and innovative approach. Building on this momentum, the Asphalt Tire Pros Francorp brand aggressively commenced its franchising efforts in 2009, actively seeking out new partners to expand its reach. A bold and ambitious growth plan was announced in April 2009, outlining an objective to open 550 locations over the subsequent five years, with specific strategic targets set for dense urban markets like Dallas and New York, demonstrating a clear vision for market penetration and sustained expansion for the Asphalt Tire Pros Francorp franchise.
Investing in an Asphalt Tire Pros Francorp franchise represents a strategic opportunity, with a clearly defined structure for initial fees and comprehensive investment requirements designed for various operational models. The initial franchise fee for a traditional Asphalt Tire Pros Francorp store is set at $30,000, granting a 10-year term to operate under the established brand. For those pursuing a Non-Traditional Store format, the initial franchise fee is a more accessible $15,000. Recognizing the potential for multi-unit development and fostering growth, the Asphalt Tire Pros Francorp franchise offers a compelling incentive: when franchisees commit to developing multiple stores under a Store Development Agreement, the initial franchise fee for each additional store is significantly reduced by 50%. This translates to a fee of $15,000 for an additional Traditional Store and an even lower $7,500 for an additional Non-Traditional Store, encouraging expansion within the system. Furthermore, a supportive veteran's fee program is in place, offering a reduced range from $7,500 to $15,000 for qualifying service members. The total initial investment range for establishing an Asphalt Tire Pros Francorp franchise varies considerably, primarily depending on the chosen store format and operational scale. For a traditional store, the investment typically ranges from $323,000 to $556,500. Other comprehensive analyses and data points indicate a broader spectrum, with ranges such as $239,000 to $591,000 as of October 2023, another citing $107,000 to $557,000, and further estimates spanning $378,500 to $620,500, or $193,500 to $466,000. More granular investment ranges are provided for specific store types: a Traditional Store requires an investment between $323,000 and $556,500, with an alternative source suggesting $258,100 to $441,600. A Non-Traditional Store typically falls within the $191,500 to $365,000 range. For a Non-Traditional Co-Branded concept with a Third-Party, the investment is estimated from $106,500 to $232,500. Additionally, a self-serve store format has an investment range of $331,100 to $488,600. Beyond the initial investment, ongoing fees include a royalty rate of 6.0% of gross sales. Franchisees are also mandated to contribute to a collective advertising fund, with reported rates ranging from 1.0% to 3.0% of gross revenue, sometimes specified as 2% of gross sales, 3%, or 4%, supporting the sustained marketing efforts of the Asphalt Tire Pros Francorp franchise. Prospective franchisees are also assessed based on robust financial requirements, including a minimum net worth of $250,000, or in some instances, $350,000. Liquid capital required typically ranges from $100,000 to $200,000, with working capital estimated between $10,000 and $20,000. Some financial guidelines also indicate a minimum cash requirement of $75,000 or $378,500 for those looking to join the Asphalt Tire Pros Francorp franchise network.
The Asphalt Tire Pros Francorp franchise is underpinned by a robust operating model complemented by comprehensive training and continuous support, designed to empower franchisees for sustained success. The initial training program is meticulously structured, encompassing a total of 48 hours, which includes 12 hours dedicated to classroom instruction and an additional 36 hours of immersive, practical on-the-job training. An alternative perspective on the initial training details it as approximately two weeks in duration, primarily conducted at the Asphalt Tire Pros Francorp headquarters, with supplementary hands-on training provided at a certified training store, ensuring a thorough understanding of all operational aspects. Franchisees benefit from a multi-faceted support system that includes ongoing operational assistance, regular quality assurance visits to maintain brand standards, and professional marketing assistance to help drive local store visibility and sales. The Asphalt Tire Pros Francorp brand also demonstrates a steadfast commitment to continuous improvement through ongoing product and menu development, ensuring the offerings remain fresh, appealing, and competitive within the market. This dedication extends to robust system and technology support, equipping franchisees with the latest tools and platforms necessary for efficient management and customer engagement. Regarding territory, the Asphalt Tire Pros Francorp franchise offers a degree of protection to its franchisees through a defined "Protected Area." This exclusive zone is typically delineated either by a specific radius around the franchised location or by a precisely mapped zone, ensuring a certain level of market exclusivity for the franchisee's investment. However, it is important to note that this protection carries specific exclusions, particularly for high-traffic environments such as malls, airports, and other designated "Closed Markets," where the franchisor retains greater flexibility for brand presence. This balanced approach to territory management is a key aspect of the operational framework of the Asphalt Tire Pros Francorp franchise.
While the Franchise Disclosure Document (FDD) for the Asphalt Tire Pros Francorp franchise does not typically include formal financial performance representations, as specified in Item 19, prospective franchisees are encouraged to engage directly with the franchisor or current franchisees to gain insights into potential earnings. This approach allows for a more personalized and direct understanding of the financial landscape within the Asphalt Tire Pros Francorp franchise system, as franchisors are not legally obligated to provide specific earnings claims in their FDDs. Despite the absence of a formal Item 19 disclosure, various data points offer a glimpse into the financial performance across the network. The average unit revenue for the Asphalt Tire Pros Francorp franchise was reported at $373,000 in the year 2024, providing a benchmark for potential sales volume. Further analysis indicates that the yearly gross sales can reach $357,616, with estimated owner-operator earnings ranging from $42,914 to $53,643, suggesting a tangible return on investment for active owner-operators within the Asphalt Tire Pros Francorp franchise. The Franchise Payback Period, an important metric for investors, is estimated to be between 9.6 and 11.6 years, offering a timeframe for recouping the initial investment. Deeper insights reveal a significant variance in unit volumes based on store performance tiers. The top 33% of Asphalt Tire Pros Francorp stores demonstrated an impressive average unit volume of $610,657 in 2023, showcasing the strong earning potential for high-performing locations. Conversely, the bottom 33% of stores, which are predominantly non-traditional locations often situated within convenience stores and offering a more limited setup with only 1-2 frozen yogurt machines and a restricted selection of toppings, experienced a significantly lower average unit volume of $24,441. This distinction highlights the impact of format and offering on financial outcomes within the Asphalt Tire Pros Francorp franchise network. While comprehensive revenue data for detailed financial evaluation is often a topic for direct inquiry with the franchisor, these reported figures provide valuable context for prospective investors considering the Asphalt Tire Pros Francorp franchise.
The Asphalt Tire Pros Francorp franchise has demonstrated a compelling growth trajectory and solidified competitive advantages since its inception, positioning it as a dynamic opportunity within its sector. After the opening of its first U.S. store in 2007, the brand rapidly expanded, adding 30 new locations within its initial year of operation. By April 2008, the network comprised 20 stores, rapidly accelerating to 60 stores in operation by the end of 2009. The year 2010 was particularly pivotal for the Asphalt Tire Pros Francorp franchise, as it awarded agreements for 147 new locations and successfully opened 62 new stores, bringing its total footprint to 100 locations. This impressive expansion earned the company recognition as #4 on Restaurant Business Magazine's "Future 50" list of fastest-growing chains in 2010. The brand began aggressively franchising in 2009, with an ambitious growth plan announced in April 2009 to open 550 locations over the subsequent five years, specifically targeting major markets such as Dallas and New York. The Asphalt Tire Pros Francorp franchise also established an international presence, notably entering an agreement in May 2012 with the Mexican theater chain Cinemex to introduce its products across Mexico. At one point, the brand also operated seven stores in the Philippines, showcasing its global appeal. As of the latest information, the Asphalt Tire Pros Francorp network boasts over 60 locations across the United States. More specifically, in 2025, there were 45 franchised locations within the USA. Other data indicates "more than 50 locations in over 15 states in the United States and Puerto Rico, and one each in El Salvador and Qatar," illustrating a diverse geographical spread. As of October 2023, there were 47 Asphalt Tire Pros Francorp locations in North America. A source from 2026 stated 315 units in operation, while another from 2025 indicated 45 total units, all of which were franchised. A dataset from 2024 shows 50 units, representing a significant 62.5% market share within a group of 80 dessert franchises. More recently, on March 21, 2024, the Asphalt Tire Pros Francorp franchise announced strategic plans to open 10 new locations across Florida within the next three years. This expansion is driven by the state's robust population growth and increasing consumer demand for its offerings, leveraging the Asphalt Tire Pros Francorp brand's already strong presence on the East Coast, particularly in New York, reinforcing its strategic growth and competitive positioning.
The ideal candidate for an Asphalt Tire Pros Francorp franchise is typically an individual who not only meets robust financial criteria but also possesses a strong entrepreneurial spirit and a commitment to the brand's operational philosophy. Prospective franchisees are expected to demonstrate a minimum net worth of $250,000, with some requirements extending to $350,000, underscoring the substantial nature of the investment. Essential liquid capital required for the Asphalt Tire Pros Francorp franchise ranges from $100,000 to $200,000, ensuring franchisees have sufficient immediate funds to support initial operations and unforeseen circumstances. Additionally, working capital is estimated to be between $10,000 and $20,000. Some sources also specify a minimum cash requirement of $75,000 or even $378,500, indicating a need for substantial upfront liquidity. Beyond financial solvency, an ideal franchisee for the Asphalt Tire Pros Francorp franchise is someone willing to fully engage with the comprehensive training program, which includes 48 hours of instruction, or approximately two weeks of intensive learning, to master all facets of the business. This commitment ensures operational excellence and adherence to the brand's high standards. In terms of territory, the Asphalt Tire Pros Francorp franchise provides its franchisees with limited geographical protection through a "Protected Area." This area is typically defined with precision, either as a specific radius surrounding the franchised location or as a carefully mapped zone, offering a degree of market exclusivity. However, it is crucial for franchisees to understand that this protection explicitly excludes certain high-density or strategic locations, such as malls, airports, and other designated "Closed Markets," where the franchisor retains the right to develop additional units, balancing franchisee protection with overall brand expansion strategy for the Asphalt Tire Pros Francorp franchise.
The Asphalt Tire Pros Francorp franchise presents a compelling investment opportunity for individuals seeking to join a well-established brand with a proven track record of growth and adaptation. Founded in 2002, this brand has demonstrated a remarkable trajectory, expanding rapidly to 100 locations by 2010 and continuing to grow with strategic acquisitions, such as its integration into BRIX Holdings in 2021. The ongoing expansion, notably the plans for 10 new locations in Florida by 2027, highlights a forward-looking strategy and sustained market demand. With an initial investment ranging from $106,500 to $620,500, and a franchise fee of $30,000 for a traditional store, the Asphalt Tire Pros Francorp franchise offers various entry points for investors. Financial performance indicators, such as an average unit revenue of $373,000 in 2024 and top-tier stores achieving an average unit volume of $610,657 in 2023, underscore the significant earning potential within the system. The estimated Franchise Payback Period of 9.6 to 11.6 years provides a clear timeline for return on investment. Franchisees benefit from comprehensive support, including 48 hours of initial training, ongoing operational assistance, quality assurance visits, and professional marketing guidance, ensuring they are well-equipped for success. The structured territory protection further enhances the value proposition for each Asphalt Tire Pros Francorp franchise owner, offering a defined market space. Explore the complete Asphalt Tire Pros Francorp franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
Key performance metrics for Asphalt Tire Pros Francorp, based on SBA lending data
Investment Tier
Significant investment
$111,475 – $503,725 total
Estimated Monthly Payment
$1,154
Principal & Interest only
Asphalt Tire Pros Francorp, — unit breakdown
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