Start-Up Costs and Fees |
||
| Houlihan's | Ruby Tuesday | |
| Investment | 1600000 - 4300000 | 1559650 - 3877400 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4% of gross sales |
| Advertising Fee | 1.5% of gross sales | |
| Year Founded | 1972 | 1972 |
| Year Franchised | 1994 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Houlihan's | Ruby Tuesday | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Houlihan's | Ruby Tuesday | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Houlihan's | Ruby Tuesday | |
| 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 | Ruby Tuesday | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Houlihan's | |
| Ruby Tuesday | |
| Franchise Fee | |
| Houlihan's | |
| Ruby Tuesday | |
| Royalty Fee | |
| Houlihan's | 4% |
| Ruby Tuesday | 4% of gross sales |
| Advertising Fee | |
| Houlihan's | |
| Ruby Tuesday | 1.5% of gross sales |
| Year Founded | |
| Houlihan's | 1972 |
| Ruby Tuesday | 1972 |
| Year Franchised | |
| Houlihan's | 1994 |
| Ruby Tuesday | 1997 |
| Term Of Agreement | |
| Houlihan's | 20 years |
| Ruby Tuesday | |
| Renewal Fee | |
| Houlihan's | $5K |
| Ruby Tuesday | |
Business Experience Requirements |
|
| Experience | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
| Ruby Tuesday | |
Financing Options |
|
| Franchise Fees | |
| Houlihan's | No |
| Ruby Tuesday | No |
| Start-up Costs | |
| Houlihan's | |
| Ruby Tuesday | |
| Equipment | |
| Houlihan's} | |
| Ruby Tuesday | |
| Inventory | |
| Houlihan's | |
| Ruby Tuesday | |
| Receivables | |
| Houlihan's | |
| Ruby Tuesday | |
| Payroll | |
| Houlihan's | |
| Ruby Tuesday | |
Training & Support |
|
| Training | |
| Houlihan's | |
| Ruby Tuesday | |
| Support | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Ruby Tuesday | |
| Marketing | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Ruby Tuesday | |
| 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) |
| Ruby Tuesday | |
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, |
| Ruby Tuesday | |
| Canada Expansion | |
| Houlihan's | |
| Ruby Tuesday | 0 |
| International Expansion | |
| Houlihan's | |
| Ruby Tuesday | |