Question 1

Does Nathan's Famous franchise offer exclusive territory?

Accepted Answer

Nathan's Famous offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the Nathan's Famous franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Nathan's Famous is 10 years. Franchisees may renew up to 1 time for 5-year periods. The total potential term is 15 years.

Question 3

What is the non-compete clause for Nathan's Famous franchise?

Accepted Answer

The Nathan's Famous franchise non-compete clause extends for 2 years within a 3-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Nathan's Famous franchise?

Accepted Answer

Yes, Nathan's Famous allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $4,500 applies.