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Below is an in-depth analysis and side-by-side comparison of Melting Pot Restaurants vs The Halal Guys 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 | $231,600 - $834,000 |
Franchise Fee | $20,000 - $45,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | 1.19-3% | - |
Year Founded | 1975 | 1990 |
Year Franchised | 1984 | 2014 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
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Experience | 5-10 Units Minimum Commitment · $1M liquid capital · $2M total net worth. Liquidity Note: Franchisees must have clear access to at least $1M for the minimum 5-unit franchise, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores. |
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Financing Options |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | No | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
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.