Start-Up Costs and Fees |
||
| Houlihan's | Ben & Florentine Restaurants | |
| Investment | 1600000 - 4300000 | 619650 - 817800 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 6% |
| Advertising Fee | ||
| Year Founded | 1972 | 2008 |
| Year Franchised | 1994 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Houlihan's | Ben & Florentine Restaurants | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Houlihan's | Ben & Florentine Restaurants | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Houlihan's | Ben & Florentine Restaurants | |
| Training | * The owner/operator follows six (6) weeks of training. (Theoretical & Practical) * Grand opening training & assistance for two (2) weeks | |
| Support | Meetings, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 78 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Houlihan's | Ben & Florentine Restaurants | |
| US Expansion | 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, | |
| Canada Expansion | Ontario, Quebec | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Houlihan's | |
| Ben & Florentine Restaurants | |
| Franchise Fee | |
| Houlihan's | |
| Ben & Florentine Restaurants | |
| Royalty Fee | |
| Houlihan's | 4% |
| Ben & Florentine Restaurants | 6% |
| Advertising Fee | |
| Houlihan's | |
| Ben & Florentine Restaurants | |
| Year Founded | |
| Houlihan's | 1972 |
| Ben & Florentine Restaurants | 2008 |
| Year Franchised | |
| Houlihan's | 1994 |
| Ben & Florentine Restaurants | 2008 |
| Term Of Agreement | |
| Houlihan's | 20 years |
| Ben & Florentine Restaurants | |
| Renewal Fee | |
| Houlihan's | $5K |
| Ben & Florentine Restaurants | |
Business Experience Requirements |
|
| Experience | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
| Ben & Florentine Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Houlihan's | No |
| Ben & Florentine Restaurants | No |
| Start-up Costs | |
| Houlihan's | |
| Ben & Florentine Restaurants | |
| Equipment | |
| Houlihan's} | |
| Ben & Florentine Restaurants | |
| Inventory | |
| Houlihan's | |
| Ben & Florentine Restaurants | |
| Receivables | |
| Houlihan's | |
| Ben & Florentine Restaurants | |
| Payroll | |
| Houlihan's | |
| Ben & Florentine Restaurants | |
Training & Support |
|
| Training | |
| Houlihan's | |
| Ben & Florentine Restaurants | * The owner/operator follows six (6) weeks of training. (Theoretical & Practical) * Grand opening training & assistance for two (2) weeks |
| Support | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Ben & Florentine Restaurants | |
| Marketing | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Ben & Florentine Restaurants | |
| Operations | |
| Houlihan's | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 78 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Ben & Florentine Restaurants | |
Expansion Plans |
|
| US Expansion | |
| Houlihan's | 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, |
| Ben & Florentine Restaurants | |
| Canada Expansion | |
| Houlihan's | |
| Ben & Florentine Restaurants | Ontario, Quebec |
| International Expansion | |
| Houlihan's | |
| Ben & Florentine Restaurants | |