Hardee's vs Nathan's Famous Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hardee's vs Nathan's Famous including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,454,000 - $2,046,000 | $43,000 - $1,071,360 |
Franchise Fee |
$25,000 - $35,000 | $30,000 |
Royalty Fee |
4% | 5.5% |
Advertising Fee |
5.5% | 2% |
Year Founded |
1961 | 1916 |
Year Franchised |
1962 | 1988 |
Term Of Agreement |
20 years | 20 years |
Term Of Agreement |
20 years | 20 years |
Renewal Fee |
Varies | 50% of franchise fee |
Business Experience Requirements |
Experience |
Industry experience General business experience Preferable operational experience in a restaurant, but will consider people who have owned their own business | Industry experience General business experience |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | Yes/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | Yes/No |
Inventory |
No/No | Yes/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
Available at franchisee's location, 8 weeks management training & at grand opening | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising |
Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. |
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 |
US Expansion |
Yes | - |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
About Hardee's
Hardee's was founded in 1960 by Wilbur Hardee and has grown to more
than 2,000 restaurants around the world. CKE Restaurants acquired
Hardee's in 1997 and now, along side Carl's Jr., Hardee's is part of one
powerful concept with two global banners. Hardee's is a platform for
success for operators around the world.
Over the years, Hardee's has continued its growth
with an emphasis on quality, service, and cleanliness, pioneering
concepts such as partial table service and self-serve beverage bars. The
introduction of our Fresh Baked Buns™ in 2013 and our All Natural
Burger™ in 2015 confirm our constant emphasis on product innovation and
represent our focus on satisfying the tastes of young, hungry consumers.
#74 on Franchise Rankings.com
#79 in Franchise 500 for 2020.
#269 in Franchise 500 for 2021.
About Nathan's Famous
Franchising is a business concept that allows qualified investors to become part of an established, existing “system.” A good way to look at franchising is, you’re in business for yourself, but not by yourself. Strategically, this provides many benefits under a brand name that has consumer awareness and equity.
Nathan’s has taken this basic premise and redefined it to exceed the most stringent business criteria of today’s investor.
Nathan’s offers a wide range of restaurant designs and customized equipment, thereby offering business opportunities to qualified candidates regardless of space constraints or investment limitations.
The estimated initial investment for a BMP Operation ranges from
$43,000 to $86,300, including an initial license fee of $7,500. If you
want to add an “Arthur Treacher’s” BMP Operation to your new or existing
food service establishment, the additional estimated initial investment
will be from $34,404 to $81,486, including an initial license fee of
$7,500.
#78 in Gator's Top franchises
#286 in Franchise 500 for 2020.