|
Below is an in-depth analysis and side-by-side comparison of Saladworks vs Melt Shop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $210,607 - $534,084 | $368,240 - $698,800 |
Franchise Fee | $35,000 | $35,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 3% | 2% |
Year Founded | 1986 | 2010 |
Year Franchised | 1992 | 2017 |
Term Of Agreement | - | 5 Years +5+5+5 |
Term Of Agreement | - | 5 Years +5+5+5 |
Renewal Fee | $17500 | - |
Business Experience Requirements |
||
Experience | - | Melt Shop is seeking well capitalized partners who are entrepreneurial and have a strong knowledge of their market. The ideal franchisee is a proven multi-unit operator in the restaurant industry. At this time we are not offering sub-franchises. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | - | On-The-Job Training: 224 hours Classroom Training: 24 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 15 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
A Fresh Opportunity Saladworks offers customers a quick, healthy meal made from the freshest, top-quality ingredients that satisfies even the heartiest appetite. Its what keeps our customers coming back again and again. Not only is Saladworks showing amazing growth but also the majority of our franchisees go on to open additional locations.