Melting Pot Restaurants vs Taste of Philly Franchise Comparison

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

Start-Up Costs and Fees

 
Melting Pot Restaurants Franchise
Taste of Philly Franchise
Investment $1,404,320 - $1,824,210$203,500 - $418,000
Franchise Fee $20,000 - $45,000$30,000
Royalty Fee 5%6%
Advertising Fee 1.19-3%-
Year Founded 1975-
Year Franchised 1984-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements

 
Melting Pot Restaurants Franchise
Taste of Philly Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Melting Pot Restaurants Franchise
    Taste of Philly 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
    Taste of Philly 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
    Taste of Philly Franchise
    US Expansion No-
    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 Taste of Philly

    One item that has made Philadelphia famous and has been enjoyed by its natives is the hoagie. It reflects the strong presence of Italian heritage that began primarily in South Philadelphia, around the original colonial settlements. Some will dispute its origin, but no one can dispute its popularity there and in the surrounding region. Legend has it that the name involves Philadelphia’s Hog Island and originated during World War I. Italian shipyard workers combined meats and cheeses on long rolls and named them after the island. Others contend that the sandwich size was enough to fill a hog. While the legend, either this or others, may not be real, the strong ties to the community are undeniable.
    Each of our restaurants is individually owned and operated. We are always looking to open new restaurants and expand. A dozen high-volume stores currently stretch from Denver to Colorado Springs, and Taste of Philly is now looking beyond Colorado. We have a good market in Denver, and we are going to take a more rapid approach to expanding.