Start-Up Costs and Fees |
||
| Houlihan's | Cool Hand Luke's | |
| Investment | 1600000 - 4300000 | 373000 - 1817500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | ||
| Year Founded | 1972 | 2004 |
| Year Franchised | 1994 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Houlihan's | Cool Hand Luke's | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Houlihan's | Cool Hand Luke's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Houlihan's | Cool Hand Luke's | |
| 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 | Cool Hand Luke's | |
| 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 | |
| Cool Hand Luke's | |
| Franchise Fee | |
| Houlihan's | |
| Cool Hand Luke's | |
| Royalty Fee | |
| Houlihan's | 4% |
| Cool Hand Luke's | |
| Advertising Fee | |
| Houlihan's | |
| Cool Hand Luke's | |
| Year Founded | |
| Houlihan's | 1972 |
| Cool Hand Luke's | 2004 |
| Year Franchised | |
| Houlihan's | 1994 |
| Cool Hand Luke's | 2005 |
| Term Of Agreement | |
| Houlihan's | 20 years |
| Cool Hand Luke's | |
| Renewal Fee | |
| Houlihan's | $5K |
| Cool Hand Luke's | |
Business Experience Requirements |
|
| Experience | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
| Cool Hand Luke's | |
Financing Options |
|
| Franchise Fees | |
| Houlihan's | No |
| Cool Hand Luke's | No |
| Start-up Costs | |
| Houlihan's | |
| Cool Hand Luke's | |
| Equipment | |
| Houlihan's} | |
| Cool Hand Luke's | |
| Inventory | |
| Houlihan's | |
| Cool Hand Luke's | |
| Receivables | |
| Houlihan's | |
| Cool Hand Luke's | |
| Payroll | |
| Houlihan's | |
| Cool Hand Luke's | |
Training & Support |
|
| Training | |
| Houlihan's | |
| Cool Hand Luke's | |
| Support | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Cool Hand Luke's | |
| Marketing | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Cool Hand Luke's | |
| 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) |
| Cool Hand Luke's | |
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, |
| Cool Hand Luke's | |
| Canada Expansion | |
| Houlihan's | |
| Cool Hand Luke's | |
| International Expansion | |
| Houlihan's | |
| Cool Hand Luke's | |