Start-Up Costs and Fees |
||
| Nathan's Famous | Char-Hut | |
| Investment | 43000 - 1071360 | 250000 - 500000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1916 | 1976 |
| Year Franchised | 1988 | 1976 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nathan's Famous | Char-Hut | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Nathan's Famous | Char-Hut | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nathan's Famous | Char-Hut | |
| Training | Our development program begins at Char-Hut headquarters in South Florida where we train you on everything you'll need to build a solid foundation in the specialty burger business using the proven-successful methods that have made Char-Hut prosper for over 30 years. Additionally, we give you extensive ongoing training in your own location and market on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven methods for operations management, hiring procedures and regional business development through networking and direct interaction with community leadership and influential consumer groups in your area. We will teach you all the skills you need to build a strong regional and local presence for your business which translates to more business for your Char-Hut! | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | *Operations management and support *Senior staff onsite support *Direct business management *Corporate website management *SEO for your territory and location *Toll-free technical support *Networking with other system owners *Co-op marketing *Operations manuals *Technical data and forms *New prospect leads *Strategic vendor relationships |
| Marketing | Co-op advertising | *Char-Hut has defined and developed a proven local, community-oriented marketing and business development systems. *Our web marketing and local advertising campaigns create loyal customers that produce high margin, repeat business. *Our brand, business model and community-oriented approach will help you develop your local market presence and community relationships that will support and build your business. |
| 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 | Char-Hut | |
| US Expansion | Florida | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nathan's Famous | |
| Char-Hut | |
| Franchise Fee | |
| Nathan's Famous | |
| Char-Hut | |
| Royalty Fee | |
| Nathan's Famous | 5.50% |
| Char-Hut | |
| Advertising Fee | |
| Nathan's Famous | 2% |
| Char-Hut | |
| Year Founded | |
| Nathan's Famous | 1916 |
| Char-Hut | 1976 |
| Year Franchised | |
| Nathan's Famous | 1988 |
| Char-Hut | 1976 |
| Term Of Agreement | |
| Nathan's Famous | 20 years |
| Char-Hut | |
| Renewal Fee | |
| Nathan's Famous | 50% of franchise fee |
| Char-Hut | |
Business Experience Requirements |
|
| Experience | |
| Nathan's Famous | Industry experience General business experience |
| Char-Hut | |
Financing Options |
|
| Franchise Fees | |
| Nathan's Famous | Yes |
| Char-Hut | Yes |
| Start-up Costs | |
| Nathan's Famous | |
| Char-Hut | |
| Equipment | |
| Nathan's Famous} | |
| Char-Hut | |
| Inventory | |
| Nathan's Famous | |
| Char-Hut | |
| Receivables | |
| Nathan's Famous | |
| Char-Hut | |
| Payroll | |
| Nathan's Famous | |
| Char-Hut | |
Training & Support |
|
| Training | |
| Nathan's Famous | |
| Char-Hut | Our development program begins at Char-Hut headquarters in South Florida where we train you on everything you'll need to build a solid foundation in the specialty burger business using the proven-successful methods that have made Char-Hut prosper for over 30 years. Additionally, we give you extensive ongoing training in your own location and market on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven methods for operations management, hiring procedures and regional business development through networking and direct interaction with community leadership and influential consumer groups in your area. We will teach you all the skills you need to build a strong regional and local presence for your business which translates to more business for your Char-Hut! |
| Support | |
| Nathan's Famous | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Char-Hut | *Operations management and support *Senior staff onsite support *Direct business management *Corporate website management *SEO for your territory and location *Toll-free technical support *Networking with other system owners *Co-op marketing *Operations manuals *Technical data and forms *New prospect leads *Strategic vendor relationships |
| Marketing | |
| Nathan's Famous | Co-op advertising |
| Char-Hut | *Char-Hut has defined and developed a proven local, community-oriented marketing and business development systems. *Our web marketing and local advertising campaigns create loyal customers that produce high margin, repeat business. *Our brand, business model and community-oriented approach will help you develop your local market presence and community relationships that will support and build your business. |
| 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) |
| Char-Hut | |
Expansion Plans |
|
| US Expansion | |
| Nathan's Famous | |
| Char-Hut | Florida |
| Canada Expansion | |
| Nathan's Famous | |
| Char-Hut | |
| International Expansion | |
| Nathan's Famous | |
| Char-Hut | |