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Updated RecentlyMelting Pot Restaurants vs Penn Station East Coast Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Melting Pot Restaurants vs Penn Station East Coast Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,404,320 - $1,824,210 | $383,844 - $613,764 |
| Franchise Fee | $20,000 - $45,000 | $25,000 |
| Royalty Fee | 5% | to8% |
| Advertising Fee | 1.19-3% | 2-3% |
| Year Founded | 1975 | 1985 |
| Year Franchised | 1984 | 1988 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | 50% of current franchise fee | $2500 |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/Yes |
| Payroll | No/Yes | No/Yes |
Training & Support |
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| Training | On-The-Job Training: 288 hours Classroom Training: 40 hours | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
45% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
Expansion Plans |
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| US Expansion | No | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Melting Pot Restaurants
Since 1984, The Melting Pot franchises have opened nationwide, serving a variety of cheese and dessert fondues, salads and entrees including filet mignon, lobster tail, sirloin and breast of chicken, all prepared in different fondue cooking styles. No restaurant experience is required to become a franchisee.
Seeking new franchise units throughout the U.S., Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico,
South America and Western Europe
Veteran Incentives 20% off franchise fee
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#360 in Franchise 500 for 2020.
About Penn Station East Coast Subs
We pride ourselves in developing the best concept for our consumers
and our franchisees. Unlike other concepts we run ONE company unit. Our
focus is solely on you and growing your business.
Our food is unmatched and cravable and we don’t tamper with what works. This keeps operations simple.
We cultivate an owner mentality in all aspects of our operation -
this is how we consistently produce unparalleled Return on Investment.
Ranked as one of the top 200 Franchise Opportunities in the U.S. by Entrepreneur Magazine in its 2007 Annual Franchise 500 listing.
Ranked #1 Restaurant Franchise Company by Success Magazine in its October 2000 Annual ranking of the top 200 American franchises.
Ranked as one of the top 40 Movers and Shakers by Fast Causual Magazine in its 2007 and 2008 Annual Movers and Shakers listing.
#271 in Franchise 500 for 2020.