| ||||
Updated RecentlyNathan's Famous vs Bubba Gump Shrimp Co. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nathan's Famous vs Bubba Gump Shrimp Co. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $43,000 - $1,071,360 | $2,500,000 |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | 5.5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1916 | 1996 |
| Year Franchised | 1988 | 0 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | 50% of franchise fee | - |
Business Experience Requirements |
||
| Experience | - Minimum of 5 years restaurant/hospitality experience in the market you wish to develop - Have the necessary infrastructure to support the concept and its development - Possess local market expertise in areas including trading demographics, codes and regulations and product acquisition - Culturally aligned with Landry's Inc. | |
Financing Options |
||
| In-House/3rd Party | In-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 |
||
| Training | - | - Training programs for all management positions - Training programs for all hourly positions - Training program implementation at your location - Ongoing Training support |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | After signing the franchise agreement and paying the franchise fee and development fee (if applicable), you will immediately begin receiving assistance from the International Support Team, which consists of experienced representatives from each of the departments listed below. In addition, you will be assigned an International Project Manager who will oversee our departmental support and coordinate communications and activities between our organizations. In addition, after your location opens, an International Operations Representative will periodically visit your restaurant for on-site consultation and quality assurance evaluations. Your International Operations Representative is also available at any time for consultation on any business matter you wish to discuss. |
| 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 |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
#78 in Gator's Top franchises
#286 in Franchise 500 for 2020.
About Bubba Gump Shrimp Co.
Bubba Gump Shrimp Co. is a small chain of seafood restaurants committed to providing a casual environment where everyone can enjoy a great meal and have some fun too.
Capturing the magic that made "Forrest Gump" an American classic, Bubba
Gump Shrimp Co. serves scratch-made, southern-style comfort dishes
plucked straight off the silver screen -" we’re talking sautéed shrimp,
fried shrimp, coconut shrimp, shrimp scampi...(shall we go on?),
alongside award-winning baby back ribs, burgers, salads and more in a
fun and energetic atmosphere.
The first Bubba Gump Shrimp Co. Restaurant and Market opened in 1996 on Cannery Row in Monterey, California. Landry's, Inc., the parent company, offers international franchise opportunities for qualified organizations. This is your opportunity to form a strategic partnership with one of America's largest and fastest growing casual dining and entertainment companies. Landry's offers international franchise opportunities only. Franchise opportunities are not available within the United States or its territories (Guam, Puerto Rico, U.S. Virgin Islands, America Samoa, and Marianas Islands). Franchise opportunities are not available to U.S. citizens or U.S. residents. For our concepts to be successful, they must meet the needs of your customers. We will work with you in customizing the brand for your market. Franchise Fee to be determined for each location. In addition to the Franchise Fee, there may be a Development Fee, which is market specific and determined by the number of units you wish to open. We will meet with you to discuss franchise and development fees after you successfully complete the Initial Inquiry Form portion of the application process. Royalty Fees To be determined and may be influenced by the development scope of the agreement. We will meet with you to discuss royalty fees after you successfully complete the Initial Inquiry Form portion of the application process. Construction Costs These costs are concept and location specific. We will meet with you to discuss construction costs after you successfully complete the Initial Inquiry Form portion of the application process. Management Training Costs We require specific members of your management team to complete a 4-week training program at a qualified training location. You will be required to pay your managers' training expenses. These expenses include airfare, local transportation, accommodations, your managers' salary expenses, and translator services if required. We will meet with you to discuss management training costs after you successfully complete the Initial Inquiry Form portion of the application process. Opening Employees' Training Costs Our International Training Team will travel to your location and provide on-site training for non-management positions. Our training team will also implement in-house employee training programs. You are required to pay for this Training Team support. The major cost components are airfare, local transportation, accommodations, salaries and per diem expenses of the Training Team, and translator services if required. We will meet with you to discuss opening employee training costs after you successfully complete the Initial Inquiry Form portion of the application process.
The first Bubba Gump Shrimp Co. Restaurant and Market opened in 1996 on Cannery Row in Monterey, California. Landry's, Inc., the parent company, offers international franchise opportunities for qualified organizations. This is your opportunity to form a strategic partnership with one of America's largest and fastest growing casual dining and entertainment companies. Landry's offers international franchise opportunities only. Franchise opportunities are not available within the United States or its territories (Guam, Puerto Rico, U.S. Virgin Islands, America Samoa, and Marianas Islands). Franchise opportunities are not available to U.S. citizens or U.S. residents. For our concepts to be successful, they must meet the needs of your customers. We will work with you in customizing the brand for your market. Franchise Fee to be determined for each location. In addition to the Franchise Fee, there may be a Development Fee, which is market specific and determined by the number of units you wish to open. We will meet with you to discuss franchise and development fees after you successfully complete the Initial Inquiry Form portion of the application process. Royalty Fees To be determined and may be influenced by the development scope of the agreement. We will meet with you to discuss royalty fees after you successfully complete the Initial Inquiry Form portion of the application process. Construction Costs These costs are concept and location specific. We will meet with you to discuss construction costs after you successfully complete the Initial Inquiry Form portion of the application process. Management Training Costs We require specific members of your management team to complete a 4-week training program at a qualified training location. You will be required to pay your managers' training expenses. These expenses include airfare, local transportation, accommodations, your managers' salary expenses, and translator services if required. We will meet with you to discuss management training costs after you successfully complete the Initial Inquiry Form portion of the application process. Opening Employees' Training Costs Our International Training Team will travel to your location and provide on-site training for non-management positions. Our training team will also implement in-house employee training programs. You are required to pay for this Training Team support. The major cost components are airfare, local transportation, accommodations, salaries and per diem expenses of the Training Team, and translator services if required. We will meet with you to discuss opening employee training costs after you successfully complete the Initial Inquiry Form portion of the application process.