Melting Pot Restaurants vs Barry's Cheesesteaks Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Melting Pot Restaurants vs Barry's Cheesesteaks including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Melting Pot Restaurants Franchise
Barry's Cheesesteaks Franchise
Investment $1,404,320 - $1,824,210$223,262 - $439,767
Franchise Fee $20,000 - $45,000$30,000
Royalty Fee 5%-
Advertising Fee 1.19-3%-
Year Founded 19752019
Year Franchised 19842019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Melting Pot Restaurants Franchise
Barry's Cheesesteaks Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Melting Pot Restaurants Franchise
    Barry's Cheesesteaks Franchise
      In-House/3rd PartyIn-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
     
    Melting Pot Restaurants Franchise
    Barry's Cheesesteaks Franchise
    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
     
    Melting Pot Restaurants Franchise
    Barry's Cheesesteaks Franchise
    US Expansion NoYes
    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

    "Entrepreneur
    #360 in Franchise 500 for 2020.

    About Barry's Cheesesteaks

    "Barrys

    "Concept

    Offers franchises to operate a quick-serve restaurant offering authentic Philly Cheesesteaks, burgers and wings, as well as the opportunity offer catering and/or delivery where appropriate designed by Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and More. The franchisor offers 2 purchase options: a Single Unit Franchise or a Multi-Unit Development Agreement, under which you must open a minimum of two locations within a specified period of time.

    The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and More franchised business is between $223,262 and $427,267. This includes between $30,000 and $40,000 that must be paid to the franchisor or its affiliate(s).
    If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
    The total estimated initial investment under a Multi-Unit Development Agreement for two outlets, including the costs to build and equip the first outlet is $235,762 to $439,767. This includes $42,500 to $52,500 that must be paid to the franchisor and/or its affiliates.