Start-Up Costs and Fees |
||
| Houlihan's | Red Hot & Blue | |
| Investment | 1600000 - 4300000 | 380700 - 1000000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | ||
| Year Founded | 1972 | 1988 |
| Year Franchised | 1994 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Houlihan's | Red Hot & Blue | |
| Experience | Industry experience General business experience Must live in same market being developed | Industry experience |
Financing Options |
||
| Houlihan's | Red Hot & Blue | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Houlihan's | Red Hot & Blue | |
| Training | ||
| Support | Meetings, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad slicks, National media, 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) | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
||
| Houlihan's | Red Hot & Blue | |
| 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 | |
| Red Hot & Blue | |
| Franchise Fee | |
| Houlihan's | |
| Red Hot & Blue | |
| Royalty Fee | |
| Houlihan's | 4% |
| Red Hot & Blue | 5% |
| Advertising Fee | |
| Houlihan's | |
| Red Hot & Blue | |
| Year Founded | |
| Houlihan's | 1972 |
| Red Hot & Blue | 1988 |
| Year Franchised | |
| Houlihan's | 1994 |
| Red Hot & Blue | 1990 |
| Term Of Agreement | |
| Houlihan's | 20 years |
| Red Hot & Blue | 20 years |
| Renewal Fee | |
| Houlihan's | $5K |
| Red Hot & Blue | |
Business Experience Requirements |
|
| Experience | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
| Red Hot & Blue | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Houlihan's | No |
| Red Hot & Blue | No |
| Start-up Costs | |
| Houlihan's | |
| Red Hot & Blue | |
| Equipment | |
| Houlihan's} | |
| Red Hot & Blue | |
| Inventory | |
| Houlihan's | |
| Red Hot & Blue | |
| Receivables | |
| Houlihan's | |
| Red Hot & Blue | |
| Payroll | |
| Houlihan's | |
| Red Hot & Blue | |
Training & Support |
|
| Training | |
| Houlihan's | |
| Red Hot & Blue | |
| Support | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| 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) |
| Red Hot & Blue | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
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, |
| Red Hot & Blue | |
| Canada Expansion | |
| Houlihan's | |
| Red Hot & Blue | |
| International Expansion | |
| Houlihan's | |
| Red Hot & Blue | |