Nathan's Famous
- Nathan's Famous, Inc.
- NATH
1 Jericho Plaza Second Floor- Wing A
Jericho, NY 11753
-
800
/
(516) 338-8500 x 205
- (516) 338-7220 (Fax)
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
Year Established: 1916
Franchising Since: 1975
Operating Units
| Franchised Units |
300 |
98.0% |
| Company-Owned Units |
6 |
2.0% |
| Total Operating Units |
306 |
100% |
Geographic Distribution
| USA |
256 |
100.0% |
In 37 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
256 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| New York |
27 |
| New Jersey |
19 |
| Florida |
17 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Virginia, Washington, Wisconsin, District of Columbia
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Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
No |
| Size of Corporate Staff |
42 |
Site Selection
Assistance |
Yes |
| Lease Negotiation Assistance |
Yes |
| Financial Assistance |
Yes, Direct |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
N/A |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
Included |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
| Long Island, NY and in Store |
2-4 Weeks |
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Financial Requirements
Investment
| Minimum Net Worth |
$400K |
| Cash Investment |
$10-100K |
| Total Investment |
$90K-1M |
| Average Total Investment |
$545K |
Fees
| Initial Franchise Fee |
$15-30K |
| Average Franchise Fee |
$22K |
| On-Going Royalty |
4.50% |
| Average Royalty |
4% |
| Advertising Fee |
2.50% |
Site Information and Requirements
| Average Number of Full-Time Employees |
6-7 |
| Average Number of Part-Time Employees |
10-15 |
| Space Needs (in square feet) |
500-2,500
|
| Preferred Site Types |
Storefront, Regional Mall
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
No |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
5 |
| General Business Experience |
3 |
| Specific Industry Experience |
4 |
| Formal Education |
2 |
| Psychological Profile |
3 |
| Personal Interviews |
5 |
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Terms of Contract
| Term of Initial Contract |
20 |
| Term of Renewal Period |
15 |
| Passive Ownership? |
Not Allowed |
Area Development
Agreements? |
Yes, for 1 year
|
Sub-Franchisor
Contracts? |
Yes |
| Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
| Projected New Units Over Next 12 Months |
35 |
| USA |
Yes, All United States |
| Canada |
Yes, PQ, ON |
| Overseas |
Yes, Europe, Asia |
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