| ||||
Updated RecentlyMelting Pot Restaurants vs Philly's Own Soft Pretzel Bakery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Melting Pot Restaurants vs Philly's Own Soft Pretzel Bakery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $1,404,320 - $1,824,210 | $163,750 - $243,500 |
| Franchise Fee | $20,000 - $45,000 | $29,500 |
| Royalty Fee | 5% | 7% |
| Advertising Fee | 1.19-3% | $100/ month |
| 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 |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/- |
| Start-up Costs | No/Yes | No/- |
| Equipment | No/Yes | No/- |
| Inventory | No/Yes | No/- |
| Receivables | No/Yes | No/- |
| Payroll | No/Yes | No/- |
Training & Support |
||
| Training | On-The-Job Training: 288 hours Classroom Training: 40 hours | As a new franchisee, you will attend classroom training at our corporate facility in Doylestown, PA. Also, at the time your shop opens for business, a corporate trainer will be on-hand to assist with the process. After your shop opens, we will assist you and your staff anytime help is needed. We will visit your store from time-to-time to provide guidance, as well. |
| 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 |
||
| 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.
Veteran Incentives 20% off franchise fee
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Philly's Own Soft Pretzel Bakery
Owning a Philly's Own Soft Pretzel Bakery is a unique opportunity. Our shops main product line is one that everyone loves, soft pretzels! We offer two very popular styles of pretzels with the Philly Style Soft Pretzel and Grandma's Sweet Soft Pretzel. Our pretzels come in a variety of flavors as well. This diverse product offering attracts a wider customer base. Our other fine baked goods, as well as our delicious line of drinks expands our shops' appeal even further. If you are someone looking for your first business opportunity, we invite you to explore Philly's Own Soft Pretzel Bakery. And for those of you seasoned business owners, we look forward to discussing the advantages of becoming an owner in our Philly's Own franchise system.