Melting Pot Restaurants vs Potatopia Franchise Comparison

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

Start-Up Costs and Fees
 
Melting Pot Restaurants Franchise
Potatopia Franchise
Investment $1,404,320 - $1,824,210$182,725 - $475,150
Franchise Fee $20,000 - $45,000$35,000
Royalty Fee 5%6%
Advertising Fee 1.19-3%1.5% - 2%
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
Potatopia Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Melting Pot Restaurants Franchise
    Potatopia 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
    Potatopia 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
    Potatopia 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 Potatopia

    At Potatopia®, we're committed to the accomplishment of our Franchise Partners and are centered around giving world-class support and administration in view of regard and trust. When you join the Potatopia family, you'll be working with experienced experts who have broad brand building, promoting, improvement, and operational involvement in all elements of the foodservice establishment industry. Here's a little taste of the administration you'll get:

    Land and Store Development

    • Prototypical plan and theoretical designs for new establishments

    • Assistance with land administrations including a committed renting group that will proactively distinguish new land openings and lead LOI proposition, rent arrangement, and rent survey

    • Full Build out Support with a Certified Project Manager


    The Investment

    Potatopia has made two center store models to look over. We are looking for profoundly energetic and conscientious people to dispatch and work these adaptable models. The underlying speculation important to start the operations of a Potatopia eatery ranges from $182,725 to $297,050 for a booth area and $265,775 to $475,150 for a customary area. Establishment Fee Discounts are accessible for multi-unit improvement assentions.

    Least prerequisites

    • Cash liquidity of $100,000

    • Net worth of at any rate $300,000

    • $35,000 franchise fee