Fondue restaurant chain The Melting Pot Restaurants Inc. has retained commercial real estate advisory firm Newmark Grubb Knight Frank to provide real estate solutions to support the brand’s long-term domestic and international expansion strategy. “Our new alliance with Newmark Grubb Knight Frank will accelerate franchise development, create value for our existing franchisee’s real estate needs and give us a better understanding of the commercial real estate landscape globally,” said Dan Stone, Chief Business and People Development Officer for Front Burner Brands. “With NGKF as our outsourced real estate department, The Melting Pot and its franchise partners will benefit from an international team of experts who can help us deliver comprehensive real estate strategies tailored to each franchisee, market or prospective country.” Newmark Grubb Knight Frank, with its affiliates and London-based partner Knight Frank, has more than 370 offices in established and emerging property markets on six continents. “We are thrilled to have the opportunity to work together with The Melting Pot to drive its international expansion,” said Barry M. Gosin, CEO of Newmark Grubb Knight Frank. “Our services and resources combined with The Melting Pot’s strong reputation and proven business model will create a compelling investment opportunity for future investors.” The fondue franchise is targeting expansion of its international footprint in select markets across Brazil, Canada, China, India, Japan and South Korea. Earlier this year, The Melting Pot announced the opening of its first restaurant in Jakarta, Indonesia and has plans to open an additional location in Mexico City as well as its first locations in Dubai, United Arab Emirates and Riyadh, Saudi Arabia before the end of 2015. The Melting Pot operates more than 125 restaurants across 35 U.S. states, Canada, Mexico, and Southeast Asia, and has more than 15 locations in development internationally.
CATEGORY: Full Service, Fondue
Chain Name: The Melting Pot
Company Name: Front Burner Brands
Street Address: 8810 Twin Lakes Blvd., Tampa, Florida 33614
Tel: 813/881-0055 & 800/783-0867 Fax: 813/889-9361
Email: realestate@meltingpot.com Website: www.meltingpot.com
Menu Specialty: A choice of four fondue-cooking styles and a variety of entrees combined with signature dipping sauces. The menu also includes cheese fondues, fresh salads, wines and chocolate fondue desserts.
Introduced: In Maitland, Florida in April,1975
No. of Locations: Currently over125 restaurants in North America. The existing locations are in 35 states, Canada and Mexico and more than 15 locations are currently in development,
Areas of Operation: United States, Canada, Mexico Brazil, China, India, Japan, South Korea, Indonesia, Dubai, United Arab Emirates and Riyadh, Saudi Arabia
Types of Location:
BusinessType (corp., franchise, jv): Franchise
Size Req’d: 4500 to 6000 sq. ft.
Special Requirements (patio, drive-thru, etc):
Contact Name: Bob Johnston – CEO, Chairman of the Board, Front Burner Brands
Mark Johnston - President, Chief Concept Officer, Front Burner Brands
Mike Lester - President, The Melting Pot Restaurants Inc.
Alisha dos Santos – Communications Manager (pr@meltingpot.com)
Dan Stone - Chief Business & People Development Officer (dstone@frontburnerbrands.com)
Ashley Pollard - Franchise Sales Associate (apollard@burger21.com)
Bob Margait – Vice President, Operations, Melting Pot Restaurants
Jim Sullivan - Vice President, Real Estate, Front Burner Brands
Shak Turner – Director, Franchise Development (sturner@frontburnerbrands.com)
REAL ESTATE REPRESENTATIVES: Newmark Grubb Knight Frank, 125 Park Ave., New York, New York 10017 - Barry M. Gosin - CEO (212/372-2000, inquiries@ngkf.com , www.ngkf.com )
FRANCHISE REPRESENTATIVES:
PARENT COMPANY: Front Burner Brands, Tampa, Florida (813/425-6252)
Related Chains: Burger 21, Grillsmith
Last Report: Restaurant & QSR Expansion Report #139 Last Update:
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