Melting Pot Restaurants vs Great Wraps Franchise Comparison

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

Start-Up Costs and Fees
 
Melting Pot Restaurants Franchise
Great Wraps Franchise
Investment $1,404,320 - $1,824,210$159,500 - $485,500
Franchise Fee $20,000 - $45,000$22,500
Royalty Fee 5%5.5%
Advertising Fee 1.19-3%-
Year Founded 19751974
Year Franchised 19841983
Term Of Agreement 10 years15 years
Term Of Agreement 10 years15 years
Renewal Fee 50% of current franchise fee$5000


Business Experience Requirements
 
Melting Pot Restaurants Franchise
Great Wraps Franchise
Experience
  • General business experience

    • All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest.

    Financing Options
     
    Melting Pot Restaurants Franchise
    Great Wraps Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Melting Pot Restaurants Franchise
    Great Wraps Franchise
    Training On-The-Job Training: 288 hours Classroom Training: 40 hours

    Our two-week Training Program is extremely thorough and easy to follow.
    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

    Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective.
    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
    Great Wraps Franchise
    US Expansion No-
    Canada Expansion NoNo
    International Expansion NoNo

    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 Great Wraps

    Great Wraps served its first hot wrapped sandwich in 1974, providing customers with a quick alternative to hamburgers. Today the company offers a menu that includes tortilla and pita wraps, cheesesteaks and smoothies.