Start-Up Costs and Fees |
||
| Houlihan's | Village Inn Restaurants | |
| Investment | 1600000 - 4300000 | 963000 - 2570000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4% |
| Advertising Fee | 1%local +0.5%Nat'l | |
| Year Founded | 1972 | 1958 |
| Year Franchised | 1994 | 1961 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Houlihan's | Village Inn Restaurants | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Houlihan's | Village Inn Restaurants | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Houlihan's | Village Inn Restaurants | |
| 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 | Village Inn 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Houlihan's | |
| Village Inn Restaurants | |
| Franchise Fee | |
| Houlihan's | |
| Village Inn Restaurants | |
| Royalty Fee | |
| Houlihan's | 4% |
| Village Inn Restaurants | 4% |
| Advertising Fee | |
| Houlihan's | |
| Village Inn Restaurants | 1%local +0.5%Nat'l |
| Year Founded | |
| Houlihan's | 1972 |
| Village Inn Restaurants | 1958 |
| Year Franchised | |
| Houlihan's | 1994 |
| Village Inn Restaurants | 1961 |
| Term Of Agreement | |
| Houlihan's | 20 years |
| Village Inn Restaurants | |
| Renewal Fee | |
| Houlihan's | $5K |
| Village Inn Restaurants | |
Business Experience Requirements |
|
| Experience | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
| Village Inn Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Houlihan's | No |
| Village Inn Restaurants | No |
| Start-up Costs | |
| Houlihan's | |
| Village Inn Restaurants | |
| Equipment | |
| Houlihan's} | |
| Village Inn Restaurants | |
| Inventory | |
| Houlihan's | |
| Village Inn Restaurants | |
| Receivables | |
| Houlihan's | |
| Village Inn Restaurants | |
| Payroll | |
| Houlihan's | |
| Village Inn Restaurants | |
Training & Support |
|
| Training | |
| Houlihan's | |
| Village Inn Restaurants | |
| Support | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Village Inn Restaurants | |
| Marketing | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Village Inn 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) |
| Village Inn 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, |
| Village Inn Restaurants | |
| Canada Expansion | |
| Houlihan's | |
| Village Inn Restaurants | |
| International Expansion | |
| Houlihan's | |
| Village Inn Restaurants | |