Start-Up Costs and Fees |
||
| Nathan's Famous | Bubba Gump Shrimp Co. | |
| Investment | 43000 - 1071360 | 2500000 - 2500000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1916 | 1996 |
| Year Franchised | 1988 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nathan's Famous | Bubba Gump Shrimp Co. | |
| Experience | Industry experience General business experience | - Minimum of 5 years restaurant/hospitality experience in the market you wish to develop - Have the necessary infrastructure to support the concept and its development - Possess local market expertise in areas including trading demographics, codes and regulations and product acquisition - Culturally aligned with Landry's Inc. |
Financing Options |
||
| Nathan's Famous | Bubba Gump Shrimp Co. | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nathan's Famous | Bubba Gump Shrimp Co. | |
| Training | - Training programs for all management positions - Training programs for all hourly positions - Training program implementation at your location - Ongoing Training support | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | After signing the franchise agreement and paying the franchise fee and development fee (if applicable), you will immediately begin receiving assistance from the International Support Team, which consists of experienced representatives from each of the departments listed below. In addition, you will be assigned an International Project Manager who will oversee our departmental support and coordinate communications and activities between our organizations. In addition, after your location opens, an International Operations Representative will periodically visit your restaurant for on-site consultation and quality assurance evaluations. Your International Operations Representative is also available at any time for consultation on any business matter you wish to discuss. |
| Marketing | Co-op advertising | |
| Operations | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is allowed. (65% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Nathan's Famous | Bubba Gump Shrimp Co. | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |
| Franchise Fee | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |
| Royalty Fee | |
| Nathan's Famous | 5.50% |
| Bubba Gump Shrimp Co. | |
| Advertising Fee | |
| Nathan's Famous | 2% |
| Bubba Gump Shrimp Co. | |
| Year Founded | |
| Nathan's Famous | 1916 |
| Bubba Gump Shrimp Co. | 1996 |
| Year Franchised | |
| Nathan's Famous | 1988 |
| Bubba Gump Shrimp Co. | 0 |
| Term Of Agreement | |
| Nathan's Famous | 20 years |
| Bubba Gump Shrimp Co. | |
| Renewal Fee | |
| Nathan's Famous | 50% of franchise fee |
| Bubba Gump Shrimp Co. | |
Business Experience Requirements |
|
| Experience | |
| Nathan's Famous | Industry experience General business experience |
| Bubba Gump Shrimp Co. | - Minimum of 5 years restaurant/hospitality experience in the market you wish to develop - Have the necessary infrastructure to support the concept and its development - Possess local market expertise in areas including trading demographics, codes and regulations and product acquisition - Culturally aligned with Landry's Inc. |
Financing Options |
|
| Franchise Fees | |
| Nathan's Famous | Yes |
| Bubba Gump Shrimp Co. | Yes |
| Start-up Costs | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |
| Equipment | |
| Nathan's Famous} | |
| Bubba Gump Shrimp Co. | |
| Inventory | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |
| Receivables | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |
| Payroll | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |
Training & Support |
|
| Training | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | - Training programs for all management positions - Training programs for all hourly positions - Training program implementation at your location - Ongoing Training support |
| Support | |
| Nathan's Famous | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Bubba Gump Shrimp Co. | After signing the franchise agreement and paying the franchise fee and development fee (if applicable), you will immediately begin receiving assistance from the International Support Team, which consists of experienced representatives from each of the departments listed below. In addition, you will be assigned an International Project Manager who will oversee our departmental support and coordinate communications and activities between our organizations. In addition, after your location opens, an International Operations Representative will periodically visit your restaurant for on-site consultation and quality assurance evaluations. Your International Operations Representative is also available at any time for consultation on any business matter you wish to discuss. |
| Marketing | |
| Nathan's Famous | Co-op advertising |
| Bubba Gump Shrimp Co. | |
| Operations | |
| Nathan's Famous | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is allowed. (65% of current franchisees are owner/operators) |
| Bubba Gump Shrimp Co. | |
Expansion Plans |
|
| US Expansion | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |
| Canada Expansion | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |
| International Expansion | |
| Nathan's Famous | |
| Bubba Gump Shrimp Co. | |