Start-Up Costs and Fees |
||
| Melting Pot Restaurants | KnowFat! | |
| Investment | 1404320 - 1824210 | 488500 - 647000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1.19-3% | 1.5- 2.5% |
| Year Founded | 1975 | 0 |
| Year Franchised | 1984 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Melting Pot Restaurants | KnowFat! | |
| Experience | General business experience | |
Financing Options |
||
| Melting Pot Restaurants | KnowFat! | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Melting Pot Restaurants | KnowFat! | |
| Training | On-The-Job Training: 288 hours Classroom Training: 40 hours | KnowFat! offers all of our franchisees a comprehensive training program at the KnowFat! KnowLedge Center. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| 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 | KnowFat! offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, KnowFat! provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. KnowFat! is also building a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. KnowFat! will also help franchisees track purchasing and analyze customer shopping data. |
| 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 | KnowFat! | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Melting Pot Restaurants | |
| KnowFat! | |
| Franchise Fee | |
| Melting Pot Restaurants | |
| KnowFat! | |
| Royalty Fee | |
| Melting Pot Restaurants | 5% |
| KnowFat! | 5% |
| Advertising Fee | |
| Melting Pot Restaurants | 1.19-3% |
| KnowFat! | 1.5- 2.5% |
| Year Founded | |
| Melting Pot Restaurants | 1975 |
| KnowFat! | 0 |
| Year Franchised | |
| Melting Pot Restaurants | 1984 |
| KnowFat! | 0 |
| Term Of Agreement | |
| Melting Pot Restaurants | 10 years |
| KnowFat! | |
| Renewal Fee | |
| Melting Pot Restaurants | 50% of current franchise fee |
| KnowFat! | |
Business Experience Requirements |
|
| Experience | |
| Melting Pot Restaurants | General business experience |
| KnowFat! | |
Financing Options |
|
| Franchise Fees | |
| Melting Pot Restaurants | No |
| KnowFat! | No |
| Start-up Costs | |
| Melting Pot Restaurants | |
| KnowFat! | |
| Equipment | |
| Melting Pot Restaurants} | |
| KnowFat! | |
| Inventory | |
| Melting Pot Restaurants | |
| KnowFat! | |
| Receivables | |
| Melting Pot Restaurants | |
| KnowFat! | |
| Payroll | |
| Melting Pot Restaurants | |
| KnowFat! | |
Training & Support |
|
| Training | |
| Melting Pot Restaurants | On-The-Job Training: 288 hours Classroom Training: 40 hours |
| KnowFat! | KnowFat! offers all of our franchisees a comprehensive training program at the KnowFat! KnowLedge Center. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Support | |
| Melting Pot Restaurants | 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 |
| KnowFat! | |
| Marketing | |
| Melting Pot Restaurants | Co-op Advertising Ad Templates Social media SEO Website development Email marketing |
| KnowFat! | KnowFat! offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, KnowFat! provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. KnowFat! is also building a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. KnowFat! will also help franchisees track purchasing and analyze customer shopping data. |
| Operations | |
| Melting Pot Restaurants | 45% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| KnowFat! | |
Expansion Plans |
|
| US Expansion | |
| Melting Pot Restaurants | |
| KnowFat! | |
| Canada Expansion | |
| Melting Pot Restaurants | 0 |
| KnowFat! | |
| International Expansion | |
| Melting Pot Restaurants | Worldwide, |
| KnowFat! | |