Start-Up Costs and Fees |
||
| Nathan's Famous | Coneys Frozen Custard | |
| Investment | 43000 - 1071360 | 129250 - 194500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 6% |
| Advertising Fee | 2% | 4% |
| Year Founded | 1916 | 0 |
| Year Franchised | 1988 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nathan's Famous | Coneys Frozen Custard | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Nathan's Famous | Coneys Frozen Custard | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nathan's Famous | Coneys Frozen Custard | |
| 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 | Coneys Frozen Custard | |
| 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 | |
| Coneys Frozen Custard | |
| Franchise Fee | |
| Nathan's Famous | |
| Coneys Frozen Custard | |
| Royalty Fee | |
| Nathan's Famous | 5.50% |
| Coneys Frozen Custard | 6% |
| Advertising Fee | |
| Nathan's Famous | 2% |
| Coneys Frozen Custard | 4% |
| Year Founded | |
| Nathan's Famous | 1916 |
| Coneys Frozen Custard | 0 |
| Year Franchised | |
| Nathan's Famous | 1988 |
| Coneys Frozen Custard | 0 |
| Term Of Agreement | |
| Nathan's Famous | 20 years |
| Coneys Frozen Custard | 10 years |
| Renewal Fee | |
| Nathan's Famous | 50% of franchise fee |
| Coneys Frozen Custard | 20% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Nathan's Famous | Industry experience General business experience |
| Coneys Frozen Custard | |
Financing Options |
|
| Franchise Fees | |
| Nathan's Famous | Yes |
| Coneys Frozen Custard | Yes |
| Start-up Costs | |
| Nathan's Famous | |
| Coneys Frozen Custard | |
| Equipment | |
| Nathan's Famous} | |
| Coneys Frozen Custard | |
| Inventory | |
| Nathan's Famous | |
| Coneys Frozen Custard | |
| Receivables | |
| Nathan's Famous | |
| Coneys Frozen Custard | |
| Payroll | |
| Nathan's Famous | |
| Coneys Frozen Custard | |
Training & Support |
|
| Training | |
| Nathan's Famous | |
| Coneys Frozen Custard | |
| Support | |
| Nathan's Famous | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Coneys Frozen Custard | |
| Marketing | |
| Nathan's Famous | Co-op advertising |
| Coneys Frozen Custard | |
| 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) |
| Coneys Frozen Custard | |
Expansion Plans |
|
| US Expansion | |
| Nathan's Famous | |
| Coneys Frozen Custard | 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 | |
| Coneys Frozen Custard | |
| International Expansion | |
| Nathan's Famous | |
| Coneys Frozen Custard | |