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Updated RecentlyMelting Pot Restaurants vs Taste of Philly Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Melting Pot Restaurants vs Taste of Philly 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 | $203,500 - $418,000 |
| Franchise Fee | $20,000 - $45,000 | $30,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1.19-3% | - |
| Year Founded | 1975 | - |
| Year Franchised | 1984 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 50% of current franchise fee | - |
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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 288 hours Classroom Training: 40 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 | - |
| Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing | - |
| Operations |
45% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | No | - |
| Canada Expansion | No | - |
| International Expansion | 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 Taste of Philly
One item that has made Philadelphia famous and has been enjoyed by its
natives is the hoagie. It reflects the strong presence of Italian
heritage that began primarily in South Philadelphia, around the original
colonial settlements. Some will dispute its origin, but no one can
dispute its popularity there and in the surrounding region. Legend has
it that the name involves Philadelphia’s Hog Island and originated
during World War I. Italian shipyard workers combined meats and cheeses
on long rolls and named them after the island. Others contend that the
sandwich size was enough to fill a hog. While the legend, either this
or others, may not be real, the strong ties to the community are
undeniable.
Each of our restaurants is individually owned and operated. We are always looking to open new restaurants and expand. A dozen high-volume stores currently stretch from Denver to Colorado Springs, and Taste of Philly is now looking beyond Colorado. We have a good market in Denver, and we are going to take a more rapid approach to expanding.