KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Nathan's Famous, known for its premium all-beef hot dogs and diverse quick-service menu, embarked on its culinary journey in 1916. The brand was established by Nathan Handwerker, a Polish immigrant, who started with a small hot dog stand in Coney Island, New York. Over the years, it has grown into a prominent player in the quick-service restaurant (QSR) industry. Nathan's began franchising in 1975 and is currently based in Jericho, New York.
What sets Nathan's Famous apart is its extensive menu, featuring not only its iconic hot dogs but also Fresh Angus Burgers, Black Angus Ribeye New York Cheesesteaks by Pat LaFrieda, Hand-Breaded Chicken, Onion Rings, and Fresh Crinkle Cut French Fries. The brand is well-regarded for its lively and inviting restaurant ambiance, which has bolstered its reputation for over a century.
Nathan's Famous provides various franchise models to accommodate different investment levels and space requirements, ranging from custom-built standalone stores to mobile carts, all serving the brand’s popular menu items. Additionally, Nathan's is at the forefront of partnering with virtual kitchen concepts, expanding its franchise options to include brands like Arthur Treacher’s and Wings of New York. This variety in business models and menu selections offers franchisees significant flexibility.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Nathan’s Famous offers 4 types of franchises:
We are summarizing below the main costs associated with opening a Nathan's Famous traditional free-standing restaurant franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
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Nathan's Famous provides an extensive training program for its franchisees, blending classroom and practical on-the-job training sessions. The program covers a range of critical topics, including:
Food Preparation: Franchisees learn the intricacies of preparing dishes to meet Nathan's Famous quality standards.
Equipment Operation: This segment teaches proper equipment operation to ensure consistent and high-quality food.
Sanitation: Franchisees are trained in adhering to strict sanitation standards.
Food Cost Management: Understanding and managing food costs is essential for profitability, and this segment addresses these skills.
Labor Scheduling: Franchisees learn to effectively manage staff schedules to optimize operations.
Train the Trainer: This unique segment empowers franchisees to train their staff, maintaining the brand’s standards across all locations.
Customer Service: Emphasizing the importance of customer satisfaction, this segment focuses on delivering exceptional service.
The duration of classroom training varies depending on the restaurant’s menu level and the participant’s prior experience. Training sessions are held two to three times per month or bi-monthly, based on the topic.
Nathan's Famous does not grant franchisees an exclusive territory, which means franchisees may encounter competition from other franchisees, company-owned outlets, or other distribution channels and competitive brands controlled by the company.
Franchisees are authorized to operate a "Nathan's Famous" restaurant only at the specific location designated in their Franchise Agreement. Any relocation of the restaurant requires prior approval from the company. For franchisees operating a Mobile Unit, there are additional territorial restrictions.
The Mobile Unit Territory excludes any area within a two-mile radius of any existing or newly-established permanent "Nathan's Famous" restaurants within the Mobile Unit Territory. If the Mobile Unit operates outside of its designated territory or at an unapproved location, the company reserves the right to terminate the Franchise Agreement immediately.
