Start-Up Costs and Fees |
||
| Houlihan's | Best of Mediterranean | |
| Investment | 1600000 - 4300000 | 126300 - 574700 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4% |
| Advertising Fee | ||
| Year Founded | 1972 | 0 |
| Year Franchised | 1994 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Houlihan's | Best of Mediterranean | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Houlihan's | Best of Mediterranean | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Houlihan's | Best of Mediterranean | |
| Training | ||
| 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 | Best of Mediterranean | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Houlihan's | |
| Best of Mediterranean | |
| Franchise Fee | |
| Houlihan's | |
| Best of Mediterranean | |
| Royalty Fee | |
| Houlihan's | 4% |
| Best of Mediterranean | 4% |
| Advertising Fee | |
| Houlihan's | |
| Best of Mediterranean | |
| Year Founded | |
| Houlihan's | 1972 |
| Best of Mediterranean | 0 |
| Year Franchised | |
| Houlihan's | 1994 |
| Best of Mediterranean | 0 |
| Term Of Agreement | |
| Houlihan's | 20 years |
| Best of Mediterranean | 10 years |
| Renewal Fee | |
| Houlihan's | $5K |
| Best of Mediterranean | |
Business Experience Requirements |
|
| Experience | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
| Best of Mediterranean | |
Financing Options |
|
| Franchise Fees | |
| Houlihan's | No |
| Best of Mediterranean | No |
| Start-up Costs | |
| Houlihan's | |
| Best of Mediterranean | |
| Equipment | |
| Houlihan's} | |
| Best of Mediterranean | |
| Inventory | |
| Houlihan's | |
| Best of Mediterranean | |
| Receivables | |
| Houlihan's | |
| Best of Mediterranean | |
| Payroll | |
| Houlihan's | |
| Best of Mediterranean | |
Training & Support |
|
| Training | |
| Houlihan's | |
| Best of Mediterranean | |
| Support | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Best of Mediterranean | |
| Marketing | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Best of Mediterranean | |
| 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) |
| Best of Mediterranean | |
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, |
| Best of Mediterranean | |
| Canada Expansion | |
| Houlihan's | |
| Best of Mediterranean | |
| International Expansion | |
| Houlihan's | |
| Best of Mediterranean | |