The Melting Pot Restaurants Inc.
Fondue-specialty restaurantBackground
Founded: 1975 Franchising since: 1984
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.
Franchisor is a privately-held company with 22 employee(s); 15 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alabama, Arkansas, California, Connecticut, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Maine, Michigan, Minnesota, Nebraska, North carolina, New hampshire, New jersey, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, Virginia, Washington, Wisconsin
Worldwide
Exclusive territories available.
Territory size: 5-mile radius
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.
|
8810 Twin Lakes Blvd. Tampa, Florida 33614 |
Phone: (800)783-0867/ (813)881-0055 |
Franchisor is a privately-held company with 22 employee(s); 15 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 138 | 0 | 0 | 6 |
| 2008 | 134 | 0 | 0 | 6 |
| 2007 | 114 | 0 | 0 | 4 |
| 2006 | 100 | 0 | 0 | 6 |
| 2005 | 89 | 0 | 0 | 4 |
Where Seeking Franchisees
In the U.S. Alabama, Arkansas, California, Connecticut, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Maine, Michigan, Minnesota, Nebraska, North carolina, New hampshire, New jersey, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, Virginia, Washington, Wisconsin
Worldwide
Exclusive territories available.
Territory size: 5-mile radius
Costs and Fees
|
Total investment: $876.7K-1.5M Franchise fee: $35K |
Ongoing royalty fee: 4.5% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $700K
Cash liquidity requirement: $325K-400K
Business Experience:
- General business experience
Operations
- 45% of all franchisees own more than one unit
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 7 weeks
- Available at franchisee's location
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
Other marketing support
- Local marketing & media planning services
Rankings
Franchise 500® rank:
#203 (2009); #201 (2008); #199 (2007); #211 (2006); #227 (2005);
Ranked #1 in category in:
2009;
America's Top Global Franchises:
#157 (2009); #175 (2008);
#203 (2009); #201 (2008); #199 (2007); #211 (2006); #227 (2005);
Ranked #1 in category in:
2009;
America's Top Global Franchises:
#157 (2009); #175 (2008);