Nathan's Famous vs Tony Roma's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nathan's Famous vs Tony Roma's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Nathan's Famous Franchise
Tony Roma's Franchise
Investment $43,000 - $1,071,360$2,182,500 - $3,580,000
Franchise Fee $30,000$30,000
Royalty Fee 5.5%4% of net sales
Advertising Fee 2%1/2% of net sales for Domestic & 1/4% of net sales for International
Year Founded 19161972
Year Franchised 19881979
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Nathan's Famous Franchise
Tony Roma's Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Nathan's Famous Franchise
    Tony Roma's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment Yes/No-/-
    Inventory Yes/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Nathan's Famous Franchise
    Tony Roma's Franchise
    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 Franchise
    Tony Roma's Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    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.

    "Top
    #78 in Gator's Top franchises
    #286 in Franchise 500 for 2020.


    About Tony Roma's

    Tony Roma's is a full service, casual dining restaurant where you can find premier ribs and steaks in locations across the world. With over 150 restaurant locations on six continents, Tony Roma's is one of the most recognized brand names in the world! From Miami to Los Angeles, Orlando to Edmonton, and Tokyo to Madrid, Tony Roma's serves its signature ribs, world famous onion loaf, and other steak, chicken and seafood entrees to thousands of guests every day. Development of Tony Roma's is continuing in new and existing markets around the world. - Worldwide superior brand name recognition.

    - Restaurants in over 33 countries

    - Franchise focused senior management and disciplines

    - Innovative menu

    - Casually sophisticated ambiance

    - Globally experienced and successful management team

    - Parent company has no debt and healthy cash reserves

    - Parent company has no pending or current litigation

    If you are interested in a terrific franchise opportunity and have a desire to open your own Tony Roma's Restaurant, here is your chance!