The original Coney Island branch of Nathan's Famous
|Traded as|| NASDAQ: NATH |
Russell 2000 component
|Founded||1916Brooklyn, New York City, New York, United Statesin|
|Founder|| Nathan Handwerker |
|United States, Mexico, Costa Rica, Jamaica, Dominican Republic, Armenia, The Philippines, Turkey, Egypt, Russia, Kuwait|
| Howard M. Lorber |
(Chief Executive Officer)
(President and Chief Operating Officer)
Nathan's Famous, Inc. is an American company that operates a chain of fast food restaurants specializing in hot dogs. The original Nathan's restaurant stands at the corner of Surf and Stillwell Avenues in the Coney Island neighborhood of the Brooklyn borough of New York City, New York. The company's headquarters are at One Jericho Plaza in Jericho, New York, part of Oyster Bay, New York.
Fast food is a type of mass-produced food designed for commercial resale and with a strong priority placed on "speed of service" versus other relevant factors involved in culinary science. Fast food was originally created as a commercial strategy to accommodate the larger numbers of busy commuters, travelers and wage workers who often did not have the time to sit down at a public house or diner and wait for their meal. By making speed of service the priority, this ensured that customers with strictly limited time were not inconvenienced by waiting for their food to be cooked on-the-spot. For those with no time to spare, fast food became a multibillion-dollar industry.
A restaurant, or an eatery, is a business which prepares and serves food and drinks to customers in exchange for money. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services. Restaurants vary greatly in appearance and offerings, including a wide variety of cuisines and service models ranging from inexpensive fast food restaurants and cafeterias, to mid-priced family restaurants, to high-priced luxury establishments.
The hot dog or dog is a grilled or steamed link-sausage sandwich where the sausage is served in the slit of a partially sliced bun. It can also refer to the sausage itself. The sausage used is the wiener or frankfurter. The names of these sausages also commonly refer to their assembled sandwiches. Typical condiments include mustard, ketchup, mayonnaise, relish, and cheese sauce, and common garnishes include onions, sauerkraut, chili, grated cheese, coleslaw, and olives. Hot dog variants include the corn dog and pigs in a blanket. The hot dog's cultural traditions include the Nathan's Hot Dog Eating Contest and the Oscar Mayer Wienermobile.
Nathan's began as a nickel hot dog stand in Coney Island in 1916 and bears the name of co-founder Nathan Handwerker (June 14, 1892 – March 24, 1974),who started the business with his wife, Ida Handwerker, née Greenwald. Ida created the hot dog recipe they used, and Ida's grandmother created the secret spice recipe.
Nathan Handwerker was the founder of an iconic hot dog stand that evolved into Nathan's Famous restaurants and related Nathan's retail product line. An immigrant from Poland, he and his wife Ida borrowed $300 from friends to start their business on Coney Island in 1916. As of 2016, Nathan's operates over 400 company owned and franchised restaurants in all 50 states and 17 foreign countries, and Nathan's brand products are found in some 45,000 stores across the United States.
Jewish immigrant Handwerker arrived in New York City in 1912and soon found work at the Coney Island, Brooklyn, restaurant Feltman's German Gardens. By one account, he was encouraged by singing waiters Eddie Cantor and Jimmy Durante to go into business in competition with Feltman's; as United Press International noted in 1974, "There are many stories about Nathan and how the business began, but this is the way he told it..." The company's official history does not mention the future stars' encouragement. Nathan and Ida spent their life savings of $300 (worth about $7,000 as of May 2018, accounting for inflation) to begin the business.
The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2018 population of 8,398,748 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 19,979,477 people in its 2018 Metropolitan Statistical Area and 22,679,948 residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural, financial, and media capital of the world, and exerts a significant impact upon commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports. The city's fast pace has inspired the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy.
Coney Island is a residential and commercial neighborhood and entertainment area in the southwestern part of the borough of Brooklyn in New York City. The neighborhood is bounded by Sea Gate to its west, Brighton Beach and Manhattan Beach to its east, Lower New York Bay to the south, and Gravesend to the north. Coney Island was formerly the westernmost of the Outer Barrier islands on the southern shore of Long Island, but in the early 20th century it became a peninsula, connected to the rest of Long Island by land fill.
Brooklyn is the most populous borough of New York City, with an estimated 2,648,771 residents in 2017. Named after the Dutch village of Breukelen, it borders the borough of Queens at the western end of Long Island. Brooklyn has several bridge and tunnel connections to the borough of Manhattan across the East River, and the Verrazzano-Narrows Bridge connects it with Staten Island. Since 1896, Brooklyn has been coterminous with Kings County, the most populous county in the U.S. state of New York and the second-most densely populated county in the United States, after New York County.
Handwerker undercut Feltman's by charging five cents for a hot dog when his former employer was charging 10 cents.At a time when food regulation was in its infancy and the pedigree of the hot dog particularly suspect, Handwerker ensured that men wearing surgeon's smocks were seen eating at his stand to reassure potential customers. The business proved immensely popular.
The expansion of the chain was overseen by Nathan Handwerker's son, Murray Handwerker.A second branch on Long Beach Road in Oceanside, New York, opened in 1959, and another debuted in Yonkers, New York, in 1965. Murray Handwerker was named the president of Nathan's Famous in 1968, the year the company went public.
Murray Handwerker was an American businessman who expanded Nathan's Famous, a fast food restaurant specializing in hot dogs, from a family-owned hot dog stand to a nationally franchised chain. The original Nathan's Famous hot dog stand was opened in Coney Island, Brooklyn, by Handwerker's father, Nathan Handwerker, in 1916.
Oceanside is a hamlet and census-designated place (CDP) located in the southern part of the town of Hempstead, Nassau County, New York. The population was 32,109 at the 2010 census.
Yonkers is a city in Westchester County, New York. It is the fourth most populous city in the U.S. state of New York, behind New York City, Buffalo, and Rochester. The population of Yonkers was 195,976 as enumerated in the 2010 United States Census and is estimated to have increased by 2.5% to 200,807 in 2016. It is an inner suburb of New York City, directly to the north of the Bronx and approximately two miles (3 km) north of the northernmost point in Manhattan.
All locations were sold by the Handwerker family to a group of private investors in 1987,at which point Nathan's was franchised and a great number of establishments were opened around New York City and beyond. In the 1990s, the company acquired Kenny Rogers Roasters and Miami Subs Grill, both of which were later divested.
Kenny Rogers Roasters is a chain of chicken-based restaurants. It was founded in 1991 by country musician Kenny Rogers and former KFC CEO John Y. Brown, Jr., who is a former governor of the U.S. state of Kentucky. John Y. Brown Jr. had also been an investor in Kentucky Fried Chicken from 1964 to 1971. In addition to his successful music career, Kenny Rogers had also appeared in a number of commercials for the Dole Food Company before this restaurant chain was founded.
Miami Grill, formerly Miami Subs Grill, is a privately held restaurant chain, based in the U. S. state of Florida. The chain has approximately 31 locations, the majority of which are in Florida, plus a location each in Hawaii, Indiana and South Carolina. The company's menu consists of such items as wings, submarine sandwiches, and pizza along with items from Arthur Treacher's and Nathan's Famous hot dogs, all of which operate co-branding agreements with Miami Subs, and which were corporate siblings of Miami Subs from 1999–2007.
As of September 2001 [update] , the company consisted of 24 company-owned units, 380 franchised or licensed units and more than 1,400 stores[ clarification needed ] in 50 states, Guam, the District of Columbia and 17 foreign countries, including Kandahar Airfield, Afghanistan.[ citation needed ] One unit was lost due to the collapse of Two World Trade Center in the 9/11 attacks.
International master franchise agreements were signed (circa 2006) with Egypt and Israel.The company also owns the exclusive co-branding rights to the Arthur Treacher's Fish and Chips chain.
On March 28, 2017, it was announced that Nathan's Famous had reached a sponsorship deal with Major League Baseball, allowing the company to market itself as the official hot dog brand of the league. While Nathan's is already the official hot dog brand of the New York Mets, New York Yankees, Miami Marlins, and St. Louis Cardinals (the sponsorship does not restrict teams from making similar deals with competitors), the deal marked the first time that Major League Baseball had named an official hot dog sponsor.
As of 2018 [update] , the original Nathan's hot dog stand still exists at its original 1916 site. [ better source needed ] Having been open for business every day, 365 days a year, the stand was forced to close on October 29, 2012, due to Hurricane Sandy. The shop re-opened six months later, on May 21, despite a small fire on May 4, 2013. Service is provided year-round inside, and during the summer additional walk-up windows are opened to serve the larger seasonal crowds. The original location still features fried frog legs, which since the 1950’s have been an original Nathan’s menu item. It is not offered at any other Nathan’s locations. Nathan's also operates a second, smaller location nearby on the Coney Island boardwalk.
The Nathan's Hot Dog Eating Contest has been held annually at the original location on Coney Island since the early 1970s on the 4th of July. –2006), Joey Chestnut (2007–2014, 2016–2018) and Miki Sudo (women's 2014–2018). In 2008, Chestnut tied Kobayashi after eating 59 hot dogs and buns in 10 minutes. The tie resulted in a five hot dog eat-off, which Chestnut won by consuming all five before Kobayashi. In 2018, Chestnut consumed 74 hot dogs and buns for a new world record.Contestants try to consume as many hot dogs as possible in 10 minutes. Winners include Takeru Kobayashi (2001
Takeru Kobayashi is a Japanese competitive eater. He holds many records, including eight Guinness Records, for eating hot dogs, meatballs, Twinkies, tacos, hamburgers, pizza, ice cream, and pasta.
The Nathan's Hot Dog Eating Contest is an annual American hot dog competitive eating competition. It is held each year on Independence Day at Nathan's Famous Corporation's original, and best-known restaurant at the corner of Surf and Stillwell Avenues in Coney Island, a neighborhood of Brooklyn, New York City.
Sonya Thomas , also known by her nickname The Black Widow, and "The Leader of the Four Horsemen of the Esophagus", is a South Korean-born American competitive eater from Alexandria, Virginia. Thomas joined the International Federation of Competitive Eating in 2003 and quickly rose to the top of the ranks, beating competitive eaters such as Eric Booker.
Competitive eating, or speed eating, is an activity in which participants compete against each other to consume large quantities of food, usually in a short time period. Contests are typically eight to ten minutes long, although some competitions can last up to thirty minutes, with the person consuming the most food being declared the winner. Competitive eating is most popular in the United States, Canada and Japan, where organized professional eating contests often offer prizes, including cash.
A Michigan hot dog, or simply "Michigan", is a steamed hot dog on a steamed bun topped with a meaty sauce, generally referred to as "Michigan sauce". The sauce may be tomato-based, depending on where the Michigan is purchased. Michigans can be served with chopped onions. If served with onions, the onions can either be buried under the sauce, under the hot dog itself, or sprinkled on top of the sauce.
A Coney Island Hot Dog is a hot dog in a bun topped with a savory meat sauce and sometimes other toppings. It is often offered as part of a menu of dishes of Greek origin and classic American 'diner' dishes and often at Coney Island restaurants. It is largely a phenomenon related to immigration from Greece and Macedonia to the United States in the early 20th century.
A hot dog bun is a type of soft bun shaped specifically to contain a hot dog or another type of sausage. The original purpose of this food was to make it possible to eat hot dogs without burning one’s hands. There are two basic types: top-loading New England-style hot dog buns or "lobster buns" in some areas, and side-loading buns, common in the rest of the United States, also called American style buns. There are also regional variations such as the poppy seed adorned buns of Chicago.
Joseph Christian "Joey" Chestnut is an American competitive eater. He is currently ranked first in the world by Major League Eating. He is a Vallejo, California native and resides in San Jose, California. Chestnut's height is 6-feet-one-inch ; his weight is 230 pounds.
Patrick "Deep Dish" Bertoletti is an American competitive eater from Chicago.
A hot dog stand is a business that sells hot dogs, usually from an external counter. Hot dog stands can be located on a public thoroughfare, near a sports stadium, in a shopping mall, or at a fair. They are often found on the streets of major American cities. According to one report, some hot dog stands are paying up to $80,000 in rent for prime locations in Manhattan.
Michael "The Scholar" DeVito is a competitive eater and hot dog eating champion, and three-time winner of the Nathan's Hot Dog Eating Contest. "Mr. DeVito ate 20 hot dogs yesterday at the annual July 4th hot dog-eating contest on Coney Island, assuring him victory for the fourth time in five years." DeVito is 6 feet 2 inches and weighs just over 200 pounds (pre-competition). He set a personal best, eating 20 hot dogs, buns included, in the standard 12-minute competition period. DeVito, who goes by "Mike" when not competitive eating, uses "The Scholar" moniker during competitions; he "earned his nickname because of his scholarly approach to the game of champions."
Major League Eating (MLE) is an organization that organises professional competitive eating events and television specials. The stated mission of Major League Eating is to maintain a safe environment for all events, to create a dynamic and enjoyable fan experience, and to help sponsors develop, publicize and execute eating events in a wide variety of food disciplines. The league airs its annual Nathan's Famous Fourth of July International Hot Dog Eating Contest on ESPN.
The Flushing Meadows Carousel is a carousel located in Flushing Meadows-Corona Park in the New York City borough of Queens. It contains four rows of figures, including 64 jumping horses, 7 standing horses, 1 menagerie animal, and 2 chariots. It was created to serve patrons of the 1964 New York World's Fair by combining two earlier carousels, both of which were carved in Coney Island in the first decade of the twentieth century by renowned carver Marcus Illions. During the fair, it stood on a nearby site within the park, and it was moved to its present site in 1968, where it has remained in service ever since.
Charles Feltman (1841–1910) was a German-American restaurateur who is one possible claimant to be inventor of the hot dog.
Carmen Cincotti is an American competitive eater and holder of multiple records in Major League Eating, who earned $10,000 for his second-place finish in the Nathan's Hot Dog Eating Contest in 2017 in which he ate 60 hot dogs in ten minutes, ten fewer than repeat champion Joey Chestnut. As of August 2018 to June 2019, he was formerly ranked number two in Major League Eating,
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