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Home >> Restaurants (Sit-Down) >> Restaurants (Sit Down) - General
 Melting Pot Restaurants, The 8810 Twin Lakes Blvd. Tampa, FL 33614 |
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Business Description
The largest fondue-based restaurant system in the world. Franchise provides numerous areas of expertise and assistance to new and established owners. Large percentage of existing owners become multi-unit operators. A unique dining format that is often referred to as a "fun and gotta be experienced" event. Go to write-up for more information.
Franchisor Background
Year Established: 1975
Franchising Since: 1984
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Average Number of Employees: 44 Full-time, 5 Part-time
Space Needs (in square footage): 4,000-6,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites: Lifestyle Center, Mall Locations, Basements Sites
Encourage Conversions? No
Earnings Claims Provided?: Yes
The largest fondue-based restaurant system in the world. Franchise provides numerous areas of expertise and assistance to new and established owners. Large percentage of existing owners become multi-unit operators. A unique dining format that is often referred to as a "fun and gotta be experienced" event. Go to write-up for more information.
Franchisor Background
Year Established: 1975
Franchising Since: 1984
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 111 | 94.9% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 6 | 5.1% | |||||||||||||||||||||||||||||
Total Operating Units: | 117 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Florida | 22 |
| 2. California | 9 |
| 3. Texas | 6 |
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $500K |
| Cash Investment: | $250-300K |
| Total Investment: | $671K-1.4MM |
| Average Total Investment: | $1100K |
| Fees: | |
| Initial Franchise Fee: | $35K |
| Average Franchise Fee: | $35K |
| On-Going Royalty: | 4.5% |
| Average Royalty: | 4% |
| Advertising Fee: | .5% |
Space Needs (in square footage): 4,000-6,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites: Lifestyle Center, Mall Locations, Basements Sites
Encourage Conversions? No
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 5 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 50 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Indirect | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | Yes | ||||||||
| National Advertising: | Yes | ||||||||
| Regional Advertising: | Yes | ||||||||
| Local Advertising: | Yes | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | At Additional Cost | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Tampa, FL | 7 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Melting Pot Restaurants, The.
|
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