Nathan's Famous vs Habit Burger Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nathan's Famous vs Habit Burger 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 | $1,231,000 - $1,654,000 |
Franchise Fee |
$30,000 | $35,000 |
Royalty Fee |
5.5% | - |
Advertising Fee |
2% | - |
Year Founded |
1916 | 1969 |
Year Franchised |
1988 | 2013 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
50% of franchise fee | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | - |
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 |
- | - |
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 |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | 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.
#78 in Gator's Top franchises
#286 in Franchise 500 for 2020.
About Habit Burger
From our humble beginning in Santa Barbara, California in 1969 to more
than 240 Habit Burger Grill restaurants in communities across the
country today, we have always continued to operate under the same simple
philosophy: always deliver high-quality food and great service at
reasonable prices. The Habit is a burger-centric fast casual restaurant
that uniquely combines chargrilling over an open flame to create a
delicious variety of fresh and flavorful award-winning burgers,
sandwiches, salads and more. At the core of The Habit is our commitment
to a ‘quality-first’ mindset. We call it ‘The Habit Difference’.
The total investment necessary to begin operation of a Habit Burger
Restaurant franchise is $1,231,000 to $1,439,000 for a restaurant with
no drive-thru, $1,366,000 to $1,604,000 for a restaurant at an end-cap
location with a drive-thru, and $1,401,000 to $1,654,000 for a
restaurant at a standalone location with a drive-thru. This includes
$53,000 to $60,000 that must be paid to the franchisor or affiliate.
The
total investment necessary to begin operation under an Area Development
Agreement is $52,000 to $275,000. This includes $50,000 to $250,000
that must be paid to the franchisor or affiliate.