Nathan’s Famous Established in 1916 Start- up cost: $10,000~$100,000 Total Investment: $90,000~$1,000,000 Royalties: 5.5% of gross sale
Financial Assistance: Indirectly. Provide list of lending institution whose business is to provide assistance. Franchise units: 250 Company owned units: 6 Why company owned units are important? Converting company-owned units to franchise will earn back the money Less the company owned units, more support is available and high profits
Location No franchise in Thailand Highly populated Highly Visible Traffics Place I would locate Bangkok, Thailand
Company Training Franchisee’s location: 5 – 10 days Corporate training location: 3 weeks The program is designed for those have previous management experience Extended training is available to those who do not have restaurant experience Offer one-day training session fro owners who will not be a part of day-to-day operation of the restaurant.
Why Nathan’s Famous is a good franchise? Offers wide range of customized equipment and restaurant designs Franchise support Strong partners World known products Training system Unique marketing program