Nathan's Famous vs Fat Patty's Franchise Comparison

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

Start-Up Costs and Fees
 
Nathan's Famous Franchise
Fat Patty's Franchise
Investment $43,000 - $1,071,360$627,533 - $1,048,500
Franchise Fee $30,000$40,000
Royalty Fee 5.5%-
Advertising Fee 2%-
Year Founded 1916-
Year Franchised 1988-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Nathan's Famous Franchise
Fat Patty's Franchise
Experience
  • Industry experience
  • General business experience
    		• -Working capital of $750,000 with good credit -Solid business experience sales and business experience required -Knowledge of the trade area where the store will be located -Passion for service

    Financing Options
     
    Nathan's Famous Franchise
    Fat Patty'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
    Fat Patty'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
    Fat Patty's Franchise
    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
    #78 in Gator's Top franchises
    #286 in Franchise 500 for 2020.


    About Fat Patty's

    Fat Patty’s opened its doors in 2007 beside the campus of Marshall University in Huntington, West Virginia. We now have 4 locations in West Virginia and Kentucky. The casual dining experience, along with our full bar and numerous large, flat-screen televisions, makes Fat Patty’s the best family friendly restaurant around. Our focus is on team growth, training and development, investing in our facilities, remodeling and involvement in our communities.