Friendly's Restaurants vs Hamlet Franchise Comparison

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

Start-Up Costs and Fees

 
Friendly's Restaurants Franchise
Hamlet Franchise
Investment $498,500 - $1,950,000N/A
Franchise Fee $30,000 - $35,000N/A
Royalty Fee 4%-
Advertising Fee 3.5%-
Year Founded 19351950
Year Franchised 19962007
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $5K-


Business Experience Requirements

 
Friendly's Restaurants Franchise
Hamlet Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Friendly's Restaurants Franchise
    Hamlet Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Friendly's Restaurants Franchise
    Hamlet Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks, National media-
    Operations Franchisees required to buy multiple units/master licenses; 62% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Friendly's Restaurants Franchise
    Hamlet Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Friendly's Restaurants

    In Springfield, Massachusetts at the height of the Great Depression in 1935, 20 year-old Prestley Blake and his 18 year-old brother Curtis opened an ice cream shop called 'Friendly' that served double-dip cones for 5 cents. The brothers opened a second shop five years later in West Springfield, Massachusetts and added food to the menu. Within a decade, locations opened throughout western Massachusetts and Connecticut. In 1988 Donald N. Smith, the company's current CEO, purchased the company and a year later added an 's' to the name, making it 'Friendly's.'

    In May 2000, Friendly's introduced a new food and dessert menu featuring colossal burgers, sandwich wraps, splits, sundaes and Cyclones. Friendly's produces 10 million snack cups and 230,000 gallons of fudge every year. In addition to its restaurants and cafes, Friendly's manufactures a complete line of frozen desserts.

    About Hamlet

    In 1950, Marylin, a dress designer, and Harry Lewis, an actor, opened the first Hamburger Hamlet on Sunset Blvd; because of their commitment to quality, flavor and "simply marvelous food and drink," it became an immediate success. Hamlet quickly became a Hollywood landmark and was packed with celebrities every night of the week. Over the next 3 decades, Hamlet expanded throughout Southern California and Washington DC; to date, there is still nothing to rival the great food, casual comfort and superb service of Hamlet.