Melting Pot Restaurants vs Mr. Pretzels Franchise Comparison

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

Start-Up Costs and Fees
 
Melting Pot Restaurants Franchise
Mr. Pretzels Franchise
Investment $1,404,320 - $1,824,210$50,000 - $250,000
Franchise Fee $20,000 - $45,000$20,000
Royalty Fee 5%6%
Advertising Fee 1.19-3%3.5%
Year Founded 19751993
Year Franchised 19841994
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Melting Pot Restaurants Franchise
Mr. Pretzels Franchise
Experience
  • General business experience
    		• $750,000 USD Net Worth

    $250,000 USD Liquid Assets

    Solid business experience

    Multi-unit management

    Proven expertise in retail (food and beverage a plus)

    Previous franchise experience advantageous


    Financing Options
     
    Melting Pot Restaurants Franchise
    Mr. Pretzels 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
    Mr. Pretzels Franchise
    Training On-The-Job Training: 288 hours Classroom Training: 40 hours Comprehensive Training # Extensive Store Training Programs that include a Mr. Pretzels overview, store opening procedures, service training, and training for all levels of staff. # Comprehensive Training Manual that covers all management and staff procedures - from opening to closing - plus information on financial reporting, accounting, inventory, and human resource management.
    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 World-Class Franchisee Support Services Printer-Friendly Pre-Opening and Operation Support * Assistance with every phase of store development: from initial layout through ongoing operations. * Your Mr. Pretzels Consultant will be your direct liaison to our staff at Mr. Pretzels' Support Center. * Expert guidance on store construction, grand opening, building sales, optimizing profits, training, marketing, ongoing research and development, and more.
    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
    Mr. Pretzels Franchise
    US Expansion NoYes
    Canada Expansion No-
    International Expansion NoYes

    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 Mr. Pretzels

    Mr. Pretzels currently offers franchising opportunities for individuals and companies that adopt the strategy of multi-unit territory development. This business model enables our partners to build the brand in their territory as well as leverage marketing and purchasing capacity. We require 100% of the first-year development to be funded through allotted capital and, at a minimum, 30% of the next four years (development schedule is 5 years) to be accessible dedicated capital. We seek qualified franchise partners interested in multi-unit development in exclusive territories around the world. Mr. Pretzels is a leading snack food brand with more than 140 retail locations worldwide in 11 countries. Our strong international network allows us to provide outstanding operational support to every franchisee. It is one of the lowest investments in the food business (USD$50,000-$100,000) and the training lasts only two weeks. We are seeking International franchisees interested in exclusive, multi-unit territory development of at least five stores within three years.