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Updated RecentlyMelting Pot Restaurants vs Beef Jerky Experience Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Melting Pot Restaurants vs Beef Jerky Experience including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,404,320 - $1,824,210 | $215,750 - $778,800 |
| Franchise Fee | $20,000 - $45,000 | $44,900 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1.19-3% | 2% |
| Year Founded | 1975 | 2003 |
| Year Franchised | 1984 | 2010 |
| Term Of Agreement | 10 years | 5 years+5+5+5 |
| Term Of Agreement | 10 years | 5 years+5+5+5 |
| Renewal 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/Yes | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/Yes | -/Yes |
| Payroll | No/Yes | -/Yes |
Training & Support |
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| Training | On-The-Job Training: 288 hours Classroom Training: 40 hours | The initial training covers all material aspects of the operation of a The Beef Jerky Outlet franchise On-The-Job Training: 23-35 hours Classroom Training: 13-19 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 | Comprehensive Training. Ongoing Support. Proven Inventory. Site Development |
| Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing | The Beef Jerky Outlet's name and reputation is an important part of our business. You will spend a minimum of $1,000 on grand-opening advertising during the first three months of operations. You will spend at least 2% of your gross sales per month on local advertising. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
45% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 4 |
Expansion Plans |
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| US Expansion | No | Yes |
| 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
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#360 in Franchise 500 for 2020.
About Beef Jerky Experience
Have you ever dreamed of having the time to do the things important to you while building your financial future? Beef Jerky Experience franchise affords franchisees the opportunity to create wealth while being present in their personal lives.
Taking the steps toward opening your own retail franchise business can be both an exciting and life changing experience. Beef Jerky Experience franchisees benefit from our proven track record while being in business for themselves, but not by themselves. We created the brand, system and support to help you take control of your financial future and live the American Dream. Through our wide range of expertise, there is always someone to turn to for answers. Beef Jerky Experience products are unique in that they are made in small batches and not distributed in the mass market. Beef jerky fans from far and wide arrive in "beef jerky heaven" when they visit our jerky franchise stores and are always seen wearing a smile. We offer our guests a unique sales proposition -Try Before You Buy. Guests are invited to test our different products until they find the flavor that's just right for them. This proposition results in higher average sales per transaction than at other retail franchise stores and very happy customers! Beef Jerky Experience turnkey franchise system is simple in comparison to other popular retail franchise concepts. We offer an easy-to-follow business model with little or no competition in the specialized market of beef jerky sales.
Within our system, Beef Jerky Experience franchisees enjoy:
-High quality product with extended shelf life
-Low outlet franchise operating costs
-Inventory that sells quickly, offering no need for warehouse storage
-A business with only a small amount of payroll and other general retail paperwork
-Freedom from major contracts
-Contact with one centralized, knowledgeable product team
-Personalized interaction with the hands-on owners of the overall outlet franchise
-Continuous, ongoing support
-Higher than average sales per transaction
Many of our best retail franchise opportunities are now available and we are searching for qualified individuals to become part of our growing, dynamic jerky franchise team. If you're ready to revolutionize your personal and financial freedom, Beef Jerky Experience is ready to hear from you.
The total investment necessary to begin operation of a Beef Jerky
Experience franchised business ranges from $215,750 to $396,900. This
includes between $60,850 to $65,850 that must be paid to the franchisor
and/or its affiliate.
The total investment necessary to begin operation
as a two Store Multi-Unit Operator ranges from $416,500-$778,800. This
includes $95,750 to $100,750 that must be paid to the franchisor or its
affiliate.
The Beef Jerky Experience offers qualified veterans 50% off its franchise fee.