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Below is an in-depth analysis and side-by-side comparison of The New York Butcher Shoppe vs Melting Pot Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $385,500 - $500,500 | $1,404,320 - $1,824,210 |
Franchise Fee | $35,000 | $20,000 - $45,000 |
Royalty Fee | to 4% | 5% |
Advertising Fee | - | 1.19-3% |
Year Founded | 1999 | 1975 |
Year Franchised | 2003 | 1984 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 20% of 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/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 288 hours Classroom Training: 40 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | 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 slicks, Regional advertising | Co-op Advertising Ad Templates Social media SEO Website development Email marketing |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 | Yes | No |
Canada Expansion | No | No |
International Expansion | No | No |
The New York Butcher Shoppe was founded in 1999 in Mt. Pleasant, SC. Since that time it has grown in popularity with customers and now has locations in South Carolina and Georgia with plans for new stores in additional states. The The New York Butcher Shoppe concept is founded on the principles of outstanding customer service and the highest quality product, in a clean and inviting atmosphere. Our line of hand cut steaks using Premium Angus Beef , prepared entrees, side dishes, salads and dips are always fresh and provide a unique shopping niche for our customers. We also offer fresh sausages, frozen pastas, vegetables, hard to find grocery items, and a top selection of fine wines and cheeses. The stores are able to operate well on small staffs in retail space from 1,100 - 1,600 square feet. Assistance with site selection is provided by us, as well as guidance through your opening and ongoing operations. As the owners of the Franchiser, we also operate stores and are hands on every day to build the brand and the system. Our commitment to successful franchisees is the same as our commitment to our customers and standards of operation. We will provide each franchisee:
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.