Total investment:
$ 276,360
Franchise fee:
$ 30,000
Royalty fee:
5.50%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1916
Franchise since: 1975
Company owned units:
Franchise owned units: 307
Total number of units:
Number of employees per unit: 14
Contract period: 60 month
FRANCHISE ONLINE
WEBSITENathan’s Famous restaurant offers customers proprietary hot dogs (made with a proprietary spice formula) as well as crinkle-cut french fries, hamburgers, assorted sandwiches, platters, and other fast-service menu items. A Restaurant is typically located in one of the following types of settings: a free-standing building, a food court in a shopping mall, an in-line shopping center, or an in-line urban unit. Polish immigrant Nathan Handwerker took his wife Ida’s recipe for hot dogs and started selling them from a stand in Coney Island in 1916. Nathan’s Famous became a public company in 1970, and began franchising in 1988. As of 2015, the company operated 234 franchises in the United States and 63 ones outside the country.
On-The-Job Training: 5 – 10 days
Additional Training: At corporate training location
Net-worth Requirement: $500,000
Liquid Cash Requirement: $200,000 Ad Royalty Fee: 2%