Houlihan's Franchise
Monday, April 26, 2010 at 02:23PM Full-service restaurant
Houlihan's has been known for exceptional food at an affordable price since we entered the casual dining segment in 1972. Our menu features a great mix of contemporary pop American cooking - classic dishes reinvented in a fresh modern way and brought to the table with simple, stylish plating and presentations.
And then there's the bar. It's always the best place to feel the great energy of Houlihan's. Our bar strategy unites pop culture, trendy premium brands, the newest drinks and vendor insights for a winning combination, resulting in an enviable liquor mix.
We also pay attention to environment. Our sound experience is not your formulaic Top 40 or tired classic rock you'd expect to hear in most chains. Our playlist draws from a wealth of untapped independent music - the kind of songs that make you groove on a barstool, flirt with the bartender, have a laugh and another drink. We even feature he playlist in our menu each month and post the list on our website so guests can take our music adventure home with them.
Start-up Costs & Franchises Fees
What is the total cost to open a Houlihan's Franchises?
Total Cost: $1,600,000 USD -$4,300,000 USD
Total Franchise Fees: $40,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 20 years
Franchise Agreement Renewal Fee: $5K
Contact Information for Houlihan's
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Houlihan's |
Phone Number: (913)901-2500 |
Houlihan's In the Press
No results at this time.Historical Expansion
In what year did Houlihan's begin operations? 1972
When did Houlihan's begin selling franchises? 1994
Year United States Canada International Corporate 2005 49 0 2 26 2004 43 0 2 28 2003 41 0 3 33 2002 44 0 2 34 2001 46 0 3 40
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes
Training & Support
Support
Meetings, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
Franchise business owners required to buy multiple units/master licensesNumber of employees needed to run franchised unit: 78
Absentee ownership of franchise is allowed. (80% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Must live in same market being developed
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes