Nathan's Famous vs Boneheads Franchise Comparison

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

Start-Up Costs and Fees
 
Nathan's Famous Franchise
Boneheads Franchise
Investment $43,000 - $1,071,360$387,000 - $668,000
Franchise Fee $30,000$25,000
Royalty Fee 5.5%5%
Advertising Fee 2%2%
Year Founded 19162005
Year Franchised 19882005
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Nathan's Famous Franchise
Boneheads Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Nathan's Famous Franchise
    Boneheads 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
    Boneheads 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
    Boneheads Franchise
    US Expansion -Yes
    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 Boneheads

    Wanted: Ambition that verges on insanity. You're the type of person who doesn't stop climbing just because you're on an escalator. You never hit rush hour because normal business hours don't apply to you. "Good enough" simply isn't good enough. Your goals change constantly because you always exceed them. Put simply, you're just what we're looking for. Apply your drive to owning your own Boneheads franchise. The team at Boneheads is committed to getting stuff done and we provide franchise partners with tools and support to make that happen. If you're ready to begin the Boneheads evangelical revolution in your neighborhood, we want to talk to you. Go ahead and fill out the preliminary application profile. We Offer: Quality, innovation, experience, passion and a support system that includes: * Great real estate (landlords call us first) including some Hot Locations * Multiple concepts * Project management * Financing available * Purchasing power across multiple concepts * Complete training * Operations expertise and ongoing support