|
Nathan's Famous 1400 Old Country Rd., # 400
Westbury, NY 11590
800#: (800) NATHANS Tel: (516) 338-8500 Fax: (516) 338-7220
E-Mail: [email protected]
Web Site: www.nathansfamous.com
Contact: Mr. Carl Paley, Senior Vice President
Fast-food restaurant, featuring premium-quality, all beef hot dogs, fresh-cut fries, plus a large variety of menu items - 9 prototypes, ranging from carts, counter modules, food courts and full-service restaurants. Franchise license and area development opportunities available worldwide.
Franchisor Background
Established: 1916
First Franchise: 1979
Franchise Units: 165
Company-Owned Units: 9
Total Units: 174
Distribution:
U.S. -- 174;
Canada -- 0;
International -- 0
-North America -- Operations in 37 States
-States/Provinces with Greatest Density: 27 in NY, 19 in NJ, 17 in FL
Projected New Units Over Next 12 months: 35
Franchisee Qualifications: 5, 3, 4, 2, 3, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,HI,IL,IN,MD,MI,MN,NY,VA,WA,WI,DC (Click here for an explanation)
Average Number of Employees: 6-7 FT, 10-15 PT (FT = Full Time, PT = Part Time)
Space Needs: 500-2,500 SF; SF, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $50-250K
Total Investment: $50-550K
Average Total Investment: $300.0K
Minimum Net Worth: $400K
Fees:
-Franchise: $15-30K
-Average Franchise Fee: $22.5K
-Royalty: 4.5%
-Average Royalty: 4.5%
-Advertising: 2.5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/15
Passive Ownership: Discouraged
Area Development Agreements: Yes/Varies
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 42
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 2-4 Weeks in Long Island, NY and in Store.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: PQ, ON
Overseas: Europe, Asia
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
New
Search: Alphabetical
| Industry
Type | Average
Total Investment | Average
Franchise Fee | Total
Units |
|