Nathan's Famous vs Red Robin Gourmet Burgers Franchise Comparison

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

Start-Up Costs and Fees

 
Nathan's Famous Franchise
Red Robin Gourmet Burgers Franchise
Investment $43,000 - $1,071,360$1,865,000 - $4,115,000
Franchise Fee $30,000$35,000
Royalty Fee 5.5%4%
Advertising Fee 2%-
Year Founded 19161969
Year Franchised 19880
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements

 
Nathan's Famous Franchise
Red Robin Gourmet Burgers Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Nathan's Famous Franchise
    Red Robin Gourmet Burgers 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
    Red Robin Gourmet Burgers 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
    Red Robin Gourmet Burgers Franchise
    US Expansion -No
    Canada Expansion NoNo
    International Expansion YesNo

    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 Red Robin Gourmet Burgers

    Red Robin Gourmet Burgers was founded in 1969. It is a casual dining restaurant chain that serves up wholesome, fun, feel-good experiences in a family-friendly environment. Red Robin restaurants are famous for serving more than 22 high-quality gourmet burgers in a variety of recipes with Bottomless Steak Fries, as well as salads, soups, appetizers, entrees, desserts, and signature Mad Mixology Beverages. There are more than 360 Red Robin restaurants located across the United States and Canada, which include both corporate-owned locations and those operating under franchise or license agreements.

    The initial franchise fee is $35,000. The total investment necessary to begin operation of a RED ROBIN® RESTAURANT ranges from $2,220,000 to $4,115,000 for a freestanding prototype building, or $1,865,000 to $3,635,000 for a standard-size, in-line space prototype or for a mid-size, in-line space prototype.
    These ranges include the initial franchise fee of $35,000 that you must pay to the franchisor but does not include the cost of buying, building or renting the restaurant location and the cost to obtain a liquor license.

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