1926
00
$150,000
$30,000
$300,000
No
Coney Island Hot Weiner Shop is a cherished American institution, serving up classic hot dogs, chili, and comfort food since 1926. Founded by Greek immigrant Christ Economou in Tulsa, Oklahoma, the brand has become a staple in American culinary history. With its rich heritage and commitment to quality, Coney Island Hot Weiner Shop offers a unique opportunity for franchisees to be part of a beloved brand with a loyal customer base.
Proven Brand Legacy: With nearly a century of operation, Coney Island Hot Weiner Shop boasts a strong brand presence and a dedicated following.
Simple and Profitable Menu: The menu focuses on a few signature items, ensuring operational efficiency and consistent quality.
Franchise Support: Comprehensive training and support are provided to franchisees, ensuring a smooth transition and successful operation.
Expansion Potential: With ongoing expansion efforts, franchisees have the opportunity to tap into new markets and grow their businesses.
Established Year:
Coney Island Hot Weiner Shop was founded in 1926 in Tulsa, Oklahoma.
Founder:
The franchise was started by Christ Economou, a Greek immigrant who brought his culinary heritage to the United States. His focus was on creating a simple, flavorful, and affordable menu centered around classic hot dogs and chili.
Brand Journey:
1926: The original location opened in Tulsa, quickly becoming a local favorite for hot dogs, chili, and comfort food.
Over the decades: The shop built a strong reputation for quality and consistency, becoming a staple in the Oklahoma community.
2017: The company formally began franchising under CVE, LLC, aiming to expand the brand beyond its original locations and bring its classic American hot dog experience to new markets.
Franchise Units:
While franchising began in 2017, there are currently no active franchised units, though agreements for multiple locations, particularly in Texas, have been signed. The brand has plans to expand with potential for hundreds of franchise units in the future.
Ownership:
Coney Island Hot Weiner Shop is currently managed by CVE, LLC, the franchising entity responsible for expansion, support, and operations of franchisees.
Market Presence:
Primary regions: Oklahoma and Texas
Industry Category: Quick Service Restaurant (QSR), specializing in hot dogs and classic American comfort food.
Reputation: Known for its long-standing tradition, simplicity, and focus on customer satisfaction, the brand enjoys a loyal following and strong local brand recognition.
Other Key Information:
The company focuses on a limited menu, ensuring operational efficiency and consistent quality.
It emphasizes community engagement, with the original Tulsa locations playing an active role in local events and traditions.
The brand is positioning itself for regional expansion, targeting areas with a strong appetite for American comfort foods and fast-casual dining experiences.
Pre-Launch Support: Assistance with site selection, lease negotiation, and store design to ensure optimal location and layout.
Operational Training: Comprehensive training covering all aspects of restaurant operations, including food preparation, customer service, and inventory management.
Marketing Support: Access to marketing materials and strategies to promote the brand and attract customers.
Ongoing Support: Continuous support from the franchisor, including regular communication, operational audits, and updates on best practices.
Technology Integration: Implementation of modern POS systems and digital tools to streamline operations and enhance customer experience.
1. Business Background:
Individuals with experience in the foodservice industry, restaurant management, or retail operations are preferred.
Entrepreneurs who have a proven track record in running small to medium-sized businesses and understand operational efficiency will excel.
2. Passion & Personality Traits:
A genuine love for classic American comfort food, particularly hot dogs, chili, and fast-casual dining experiences.
Enthusiasm for building strong community connections and maintaining high customer satisfaction.
Strong leadership and interpersonal skills to motivate staff and maintain consistent service quality.
3. Investment Capability:
Minimum liquid capital: $150,000
Minimum net worth: $500,000
Willingness to invest $187,000 – $300,000 to cover franchise fee, infrastructure, working capital, and marketing costs.
Comfortable managing ongoing royalty fees of 7% of gross sales.
4. Location Preference:
Ideal candidates are interested in mid-sized to large markets in Oklahoma, Texas, or other regions where American comfort food is in demand.
Franchisees should be open to selecting high-traffic locations such as shopping centers, busy streets, or areas with high footfall.
5. Commitment & Work Ethic:
Ready to dedicate time to pre-launch training, marketing, and day-to-day operations.
Willing to follow brand standards while also engaging in local marketing and community activities to drive growth.
6. Community Engagement:
Franchisees who are active in their local community, willing to participate in events, sponsorships, and charitable activities, are highly valued.
A franchisee’s presence and local involvement help strengthen the brand reputation and customer loyalty.
7. Entrepreneurial Mindset:
Able to scale operations if multiple locations are desired.
Open to leveraging franchisor support, training, and marketing programs to maximize profitability.
Category | Details |
---|---|
Franchise Fee | $30,000 |
Total Investment Required | $187,000 – $300,000 |
Minimum Liquid Capital | $150,000 |
Net Worth Requirement | $500,000 |
Royalty Fee | 7% |
Marketing/Advertising Fee | Included as part of support and ongoing franchise programs (varies by location) |
Infrastructure/Setup Cost | Included in total investment (covers site development, equipment, signage) |
Working Capital | Recommended as part of total investment to cover initial operations |
Expected ROI | Varies based on location; strong potential due to brand recognition and loyal customer base |
Break-Even Time | Typically 12–24 months depending on location and operational efficiency |
Revenue Streams | In-store sales (hot dogs, chili, beverages), catering, potential delivery services |
Franchise Units | Currently 0 active franchised units; agreements signed for potential future locations |