Nathan's Famous vs Farmer Boys Franchise Comparison

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

Start-Up Costs and Fees

 
Nathan's Famous Franchise
Farmer Boys Franchise
Investment $43,000 - $1,071,360$1,042,500 - $2,486,500
Franchise Fee $30,000$45,000
Royalty Fee 5.5%5%
Advertising Fee 2%3%
Year Founded 19161981
Year Franchised 19881997
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee 50% of franchise fee-


Business Experience Requirements

 
Nathan's Famous Franchise
Farmer Boys Franchise
Experience
  • Industry experience
  • General business experience

  • Industry experience
  • General business experience

  • Financing Options

     
    Nathan's Famous Franchise
    Farmer Boys Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment Yes/NoNo/Yes
    Inventory Yes/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Nathan's Famous Franchise
    Farmer Boys Franchise
    Training -On-The-Job Training: 480 hours Classroom Training: 60 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsPurchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising Co-op Advertising Ad Templates Regional Advertising Social media SEO Loyalty program/app
    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)

    20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 30

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Nathan's Famous Franchise
    Farmer Boys Franchise
    US Expansion -Yes
    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 Farmer Boys

    During the 1970s, brothers Makis and Chris Havadjias worked in restaurants to earn money for college. They helped the owners of one of those restaurants rebuild the establishment, and later bought it. With the experience they gained at that first restaurant, the brothers bought a poorly performing restaurant in Perris, California, that they built into Farmer Boys. With the help of their three other brothers, the Havadjias expanded Farmer Boys throughout Riverside and San Bernardino counties in Southern California. Each location serves hamburgers, sandwiches, salads and a full breakfast menu. The company began franchising in 1998.

    #128 in Franchise 500 for 2021. Not ranked in 2020.