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Rates
MELTY WAY

MELTY WAY

The total investment to open a MELTY WAY franchise ranges from $180,000 to $325,000. The initial franchise fee is $39,000. Ongoing royalties are 6% plus a 1% advertising fee.

What is the MELTY WAY franchise?

MELTY WAY was founded in 2012 by Dave Nibley and his wife, Stephanie Nibley, in Lehi, Utah. David Nibley, who initially served as the branding partner, later bought out the original founders, rebuilt the company’s operations, became CEO, and repositioned the brand for national franchise growth. As of October 2025, the Melty system had two corporate locations and six franchise locations across four states, with 10 more franchise locations in development. The company began offering franchise agreements in 2020. Franchise database data from the relevant reporting period lists five franchised units and zero company owned units. The brand has targeted close to 200 locations by 2029. The United States limited service restaurant market was valued at $315.1 billion in 2024. The quick service restaurant segment is projected to reach $330.56 billion in 2025 and $436.07 billion by 2029, with a compound annual growth rate of 7.2%.

The global limited service restaurant market was estimated at $871.02 billion in 2025 and is projected to reach approximately $1.436 trillion by 2034, growing 5.7% annually. In the United States, the market is projected to grow at a compound annual growth rate of 6.45%, from $97.85 billion in 2025 to $133.71 billion by 2030. The country had more than 159,000 limited service restaurant locations in 2025. Mobile order ahead apps are used by 65% of quick service restaurant visitors, and nearly 90% of consumers aged 18 to 24 order digitally. Speed is rated critical by 95% of consumers for takeout. Melty replaced labor intensive panini presses with impinger ovens that produce a finished sandwich in under two minutes. Off premise dining represents 35.7% of consumer foodservice spending. In 2024, 44% of limited service restaurants planned to add self service kiosks, while 78% of brands reported year over year growth in digital orders in 2022. Gourmet grilled cheese remains a fragmented category without a dominant chain of more than 200 units.

The standard MELTY WAY franchise fee is $39,000 for one unit. Multi unit buyers pay $34,500 for the initial unit and $29,000 for each additional franchise. Total investment is reported at approximately $180,000 to $325,000, with another cited range of $211,067 to $358,017. The Franchise Disclosure Document presents a broader range reaching approximately $700,000, although the average observed investment has been about $350,000 and actual openings have not reached the higher FDD amount. Tenant improvements are estimated at $279,000 or more. Candidates must show minimum net worth of $400,000 and at least $70,000 in liquid capital. Some sources cite liquid asset requirements of $90,000 to $150,000, depending on the candidate review by lenders and the franchisor. The royalty is 6% of monthly sales, and the advertising fund contribution is 1%, for total ongoing fees of 7% of gross revenue. Comparable limited service franchises often charge total ongoing fees of 8% to 12%. National fast casual brands frequently require more than $500,000 to $1 million for one unit.

Melty describes its operating model as a tight, simple system. Impinger ovens replaced traditional panini presses and provide consistent results in under two minutes with less specialized labor. Gourmet grilled cheese is the main offering, supported by soups, salads, and specialty desserts. The company says semi absentee ownership is possible. Initial training lasts two weeks at a dedicated training facility, with support available 24 hours a day, 7 days a week. The corporate team assists with real estate selection, purchasing relationships, national food distribution, marketing materials, site development, and operating guidance. The headquarters in Lehi, Utah manages the brand and its growing multi state system. The model is intended to support owners who want to build a scalable operation without the institutional knowledge required to start an independent restaurant.

Owner operator earnings are reported at $90,643 to $113,303 annually. The source also states that operators who keep food cost below 30% of sales can support favorable unit economics, and that Melty’s menu is designed around grilled cheese with soups and salads as complementary higher margin items.

Melty remains in an early expansion phase. The company began franchising in 2020 and had six franchise locations across four states as of October 2025. A corporate location opened in Aiken Towne Park, South Carolina, in January 2026. Ten additional franchise locations were in development as of October 2025. The company planned approximately 12 store openings in 2025 and more than 20 in 2026, while targeting close to 200 locations by 2029. Its operating system uses impinger ovens for ticket times under two minutes, and its menu is designed to limit kitchen complexity. The brand describes its identity as having “loads of personality.” David Nibley’s move from branding partner to CEO after buying out the original founders places added emphasis on brand development. Expansion is focused on Georgia, North Carolina, South Carolina, and nearby southeastern states before a broader national rollout.

The target franchisee is an owner operator or small multi unit investor with net worth of at least $400,000, liquid capital of at least $70,000, and an interest in operating a food service business. Melty is seeking franchise partners in Georgia, North Carolina, and South Carolina. Expansion plans include North Augusta and two locations in Greenville, South Carolina. The multi unit fee schedule is $34,500 for the first unit and $29,000 for each additional unit. Opening can take 6 to 12 months, depending on real estate, permitting, and construction capacity. Melty assists with site evaluation and real estate selection.

MELTY WAY merits due diligence from buyers interested in gourmet comfort food and the fast casual segment. The PeerSense Loan Activity Score is 64, rated Moderate, reflecting the brand’s early stage development and lack of a multi decade operating history. The system is adding units, maintaining corporate locations, and building toward a 200 unit network. PeerSense provides SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools covering investment range, royalty structure, unit growth, and territory availability. Buyers can use the complete MELTY WAY franchise profile on PeerSense when comparing the brand with other fast casual concepts.

Loan Activity Score

64/100

SBA Default Rate

0.0%

Active Lenders

1

According to its Franchise Disclosure Document or public business records, MELTY WAY has 5 locations, all owned by franchisees. Public SBA loan records show 1 lender made 10 loans to franchisees of MELTY WAY. PeerSense calculates MELTY WAY's score as 64 out of 100, using public SBA loan performance and recent lending activity.

Franchising since 2012 · 5 locations

Investment

$180,000 to $325,000

Franchise Fee

$39,000

Total Units

5

5 franchised

Loan Activity Score
Medium
64
SBA Lending
25
Lender Quality
9
Transparency
8
Reach
5
Momentum
17

Proprietary PeerSense metric

Moderate
Capital Sources
1SBA lenders

Distinct lenders in public SBA records for MELTY WAY

10

Total SBA loans

$188K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

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SBA Lending Activity for MELTY WAY

Loan Activity Score Breakdown

Growing (10 to 24 loans)

Medium Confidence
64out of 100
Moderate
Market Momentum17/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency8/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint5/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 10.3% peer avg

SBA Loans

10

Total Volume

$1.9M

Active Lenders

1

1 selective

States

4

vs. SBA Sector Average

+10.3%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for MELTY WAY based on SBA lending data

SBA Default Rate

0.0%

10.3% below peer avg

SBA Loan Volume

10 loans

Across 1 lender

Lender Diversity

1 lender

Avg 10.0 loans per lender

Investment Tier

Mid range investment

$180,000 to $325,000 total

Payment Estimator

Loan Amount$144K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,863

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

MELTY WAY, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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MELTY WAY

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman