| ||||
Updated RecentlyMelt Shop vs CORE Group Restoration Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Melt Shop vs CORE Group Restoration including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $368,240 - $698,800 | $76,000 - $371,150 |
| Franchise Fee | $35,000 | $30,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2010 | 2019 |
| Year Franchised | 2017 | 2019 |
| Term Of Agreement | 5 Years +5+5+5 | - |
| Term Of Agreement | 5 Years +5+5+5 | - |
| Renewal Fee | - | - |
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 | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/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 | - | - |
| International Expansion | Yes | - |
Company Overviews
About Melt Shop
Melt Shop believes that one quality, more than any other, determines the success
of a concept: the strength of the brand and its connection to guests.
Melt Shop was built upon that premise
Seeking multi-unit franchisees with strong restaurant and
hospitality experience and a shared dedication to operational excellence
who 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.
About CORE Group Restoration
!["CORE]("https://fddexchange.com/wp-content/uploads/2019/12/CORE-Group-Restoration.png")
CORE is a unique take on property damage restoration. Made up of the
largest and most capable property restoration service providers,
CORE is redefining what it means to restore lives.
CORE's business model is unlike anything else on the market today and
offers elite contractors the ability to be a part of a premier service
offering, align themselves with an organization that believes in
operating with the highest standards of craftsmanship, quality and
integrity, all without giving up their independence.
The total investment necessary to begin operation of a single CORE Group
Restoration franchised business is between $76,000 and $371,150. This
includes $50,000 to $93,150 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of ten
CORE Businesses under a Multi-Unit Franchise is between $335,000 and
$3,111,500. This includes $150,000 to $331,500 that must be paid to the
franchisor or its affiliate(s).