Start-Up Costs and Fees |
||
| Nathan's Famous | Oyster Bar | |
| Investment | 43000 - 1071360 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1916 | 0 |
| Year Franchised | 1988 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nathan's Famous | Oyster Bar | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Nathan's Famous | Oyster Bar | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nathan's Famous | Oyster Bar | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| 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 | Oyster Bar | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nathan's Famous | |
| Oyster Bar | |
| Franchise Fee | |
| Nathan's Famous | |
| Oyster Bar | |
| Royalty Fee | |
| Nathan's Famous | 5.50% |
| Oyster Bar | |
| Advertising Fee | |
| Nathan's Famous | 2% |
| Oyster Bar | |
| Year Founded | |
| Nathan's Famous | 1916 |
| Oyster Bar | 0 |
| Year Franchised | |
| Nathan's Famous | 1988 |
| Oyster Bar | 0 |
| Term Of Agreement | |
| Nathan's Famous | 20 years |
| Oyster Bar | |
| Renewal Fee | |
| Nathan's Famous | 50% of franchise fee |
| Oyster Bar | |
Business Experience Requirements |
|
| Experience | |
| Nathan's Famous | Industry experience General business experience |
| Oyster Bar | |
Financing Options |
|
| Franchise Fees | |
| Nathan's Famous | Yes |
| Oyster Bar | Yes |
| Start-up Costs | |
| Nathan's Famous | |
| Oyster Bar | |
| Equipment | |
| Nathan's Famous} | |
| Oyster Bar | |
| Inventory | |
| Nathan's Famous | |
| Oyster Bar | |
| Receivables | |
| Nathan's Famous | |
| Oyster Bar | |
| Payroll | |
| Nathan's Famous | |
| Oyster Bar | |
Training & Support |
|
| Training | |
| Nathan's Famous | |
| Oyster Bar | |
| Support | |
| Nathan's Famous | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Oyster Bar | |
| Marketing | |
| Nathan's Famous | Co-op advertising |
| Oyster Bar | |
| 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) |
| Oyster Bar | |
Expansion Plans |
|
| US Expansion | |
| Nathan's Famous | |
| Oyster Bar | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Nathan's Famous | |
| Oyster Bar | |
| International Expansion | |
| Nathan's Famous | |
| Oyster Bar | |