Nathan’s Famous Franchise Opportunities
Nathan'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.
How much does Nathan’s Famous franchise cost?
Nathan’s Famous has the franchise fee of up to $30,000, with total initial investment range of $276,360 to $1,071,360.
Initial Investment: $276,360 - $1,071,360
Net-worth Requirement: $500,000
Liquid Cash Requirement: $200,000
Ongoing Fees
Initial Franchise Fee: $30,000
Ongoing Royalty Fee: 5.5%
Ad Royalty Fee: 2%
Initial Investment and Startup Costs
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $30,000 | $30,000 |
| Real Estate Rent | $53,333 | $113,750 |
| Restaurant Construction | $175,000 | $450,000 |
| Site Preparation | $25,000 | $170,000 |
| Furniture, Fixtures, and Equipment | $115,000 | $185,000 |
| Pre-Opening and Inventory Expenses | $10,000 | $15,000 |
| Training Expenses | $510 | $9,360 |
| Insurance | $5,000 | $7,500 |
| Security Deposits | $0 | $0 |
| Utility Deposits | $2,500 | $6,500 |
| Professional Fees | $12,000 | $25,000 |
| Business Licenses | $100 | $750 |
| Additional Funds (first 3 months) | $10,000 | $25,000 |
| Grand Opening Advt'g | $2,500 | $2,500 |
| ESTIMATED TOTAL (Without Co-branding) | $440,943 | $1,040,360 |
| Additional Costs for Arthur Treacher's Co-Branded Operation | ||
| Additional Furnishings, Fixtures and Equipment for Arthur Treacher's | $8,000 | $16,000 |
| Arthur Treacher's Initial Inventory and Supplies | $2,500 | $5,000 |
| Additional Signage for Arthur Treacher's | $1,000 | $2,500 |
| Arthur Treacher's Initial Fee | $5,000 | $7,500 |
| Arthur Treacher's Co-Branded Operation Subtotal | $16,500 | $31,000 |
| ESTIMATED TOTAL (if the franchisee chooses and is approved to operate both concepts) | $457,443 | $1,071,360 |
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $30,000 | $30,000 |
| Real Estate Rent | $34,000 | $131,250 |
| Leasehold Improvements | $100,000 | $275,000 |
| Furniture, Fixtures and Equipment | $75,000 | $150,000 |
| Pre-opening and Inventory Expenses | $10,000 | $15,000 |
| Training Expenses | $510 | $9,360 |
| Insurance | $3,000 | $3,750 |
| Security Deposits | $0 | $0 |
| Utility Deposits | $1,750 | $4,000 |
| Professional Fees | $12,000 | $20,000 |
| Business Licenses | $100 | $750 |
| Additional Funds (first 3 months) | $7,500 | $18,000 |
| Grand Opening Adv'g | $2,500 | $2,500 |
| ESTIMATED TOTAL (Without Co-branding) | $276,360 | $659,610 |
| Additional Costs for Arthur Treacher's Co-Branded Operation | ||
| Additional Furnishings, Fixtures and Equipment for Arthur Treacher's | $8,000 | $16,000 |
| Arthur Treacher's Initial Inventory and Supplies | $2,500 | $5,000 |
| Additional Signage for Arthur Treacher's | $1,000 | $2,500 |
| Arthur Treacher's Initial Fee | $5,000 | $7,500 |
| Arthur Treacher's Co-Branded Operation Subtotal | $16,500 | $31,000 |
| ESTIMATED TOTAL (if the franchisee chooses and is approved to operate both concepts) | $292,860 | $690,610 |
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $15,000 | $15,000 |
| Truck. Chassis & Cab. incl. kitchen module and sign (wrap) | $50,000 | $200,000 |
| Exterior Graphic Wrap | $4,000 | $5,000 |
| Menu Board | $500 | $2,500 |
| Point of Sale System | $500 | $4,500 |
| Set Up Fee | $1,500 | $3,500 |
| Delivery | $1,000 | $10,000 |
| Business Licenses | $100 | $750 |
Real Estate Rent (2 Scenarios) For three months: |
$0 |
$4,500 |
| Commissary Charges | $1,500 | $3,000 |
| Utility Expenses | $1,200 | $1,950 |
| Fuel | $900 | $2,400 |
| Insurance | $1,500 | $3,000 |
| Professional Fees | $1,000 | $2,000 |
| Additional Funds (first 3 months) | $3,500 | $6,000 |
| ESTIMATED TOTAL | $82,200 | $264,100 |
Support Options
On-The-Job Training: 5 - 10 days
Additional Training: At corporate training location
Number of Employees Required to Run: 14
Nathan’s Famous Franchise Info: http://franchise.nathansfamous.com
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Starting investments from:$276,360
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Company type:Restaurant
- Company foundation year:1916
- Year of launching the franchise:1975
- Franchise enterprises:307
- Corporate Address:1 Jericho Plaza, #203 Jericho, NY 11753, USA
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