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Home > Franchises > Melt Franchising LLC
Melt Franchising LLC
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.
The first Melting Pot restaurant was started in Maitland, Florida in 1975 with a menu that consisted of just three items which were Beef fondue, Swiss cheese fondue and milk chocolate fondue for dessert. Since then, The Melting Pot menu has grown immensely, as well as the number of restaurants. For example, within six years, there were five more Melting Pot restaurants in Orlando, Tallahassee, Tampa and Gainesville. At latest count, there are 70 restaurants in locations all across the nation.
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. For the past 31 years, The Melting Pot Restaurant has succeeded in finding the right strategic partners to help them become the nation's leading fondue franchise concept.
Although the initial cash investment required from you by The Melting Pot may be relatively low, your minimum personal cash investment can range between 200 thousand dollars to 250 thousand dollars, or more, depending upon your site, market area, location development and other factors. The total combined net worth minimum is 500 thousand dollars. Total opening costs can range from 598,800 to 1,011,303 dollars or more.
Their total investment is 595.8 thousand dollars to 1.2 million dollars, franchise fee is of 35 thousand dollars, ongoing royalty fee is 4.5 percent, and renewal fee is 50 percent of current franchise fee and term of agreement is of 10 years which is renewable. According to the rankings in entrepreneur magazine 2002-2006, they have received Franchise 500 rank of 211 in 2006, rank 227 in 2005, rank 245 in 2004, rank 243 in 2003 and rank 430 in 2002.
With all the continuous hard efforts of all the members of the firm has made it one of the best in the business and has helped them reach to the pinnacle where others can only imagine of reaching. Customer support is one of their primary objective and they strive very hard to fulfill this objective.
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