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Below is an in-depth analysis and side-by-side comparison of Melt Shop vs The Dry Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $368,240 - $698,800 | $74,000 - $116,000 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | 2% | 2% |
Year Founded | 2010 | - |
Year Franchised | 2017 | - |
Term Of Agreement | 5 Years +5+5+5 | 10 Years |
Term Of Agreement | 5 Years +5+5+5 | 10 Years |
Renewal Fee | - | - |
Business Experience Requirements |
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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. | Business Experience: NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | Yes/- |
Inventory | -/Yes | Yes/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 224 hours Classroom Training: 24 hours | raining Business development program Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising, Ad slicks, National media, Regional advertising |
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 |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |