Start-Up Costs and Fees |
||
| Symposium Cafe | Houlihan's | |
| Investment | 625000 - 675000 | 1600000 - 4300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4% |
| Advertising Fee | 1% | |
| Year Founded | 1996 | 1972 |
| Year Franchised | 2004 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Symposium Cafe | Houlihan's | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Symposium Cafe | Houlihan's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Symposium Cafe | Houlihan's | |
| Training | 3 full months of training for up to three individuals at an existing Symposium Cafe location. | |
| Support | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. | 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 |
||
| Symposium Cafe | Houlihan'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 | Ontario | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Symposium Cafe | |
| Houlihan's | |
| Franchise Fee | |
| Symposium Cafe | |
| Houlihan's | |
| Royalty Fee | |
| Symposium Cafe | 4% |
| Houlihan's | 4% |
| Advertising Fee | |
| Symposium Cafe | 1% |
| Houlihan's | |
| Year Founded | |
| Symposium Cafe | 1996 |
| Houlihan's | 1972 |
| Year Franchised | |
| Symposium Cafe | 2004 |
| Houlihan's | 1994 |
| Term Of Agreement | |
| Symposium Cafe | |
| Houlihan's | 20 years |
| Renewal Fee | |
| Symposium Cafe | |
| Houlihan's | $5K |
Business Experience Requirements |
|
| Experience | |
| Symposium Cafe | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
Financing Options |
|
| Franchise Fees | |
| Symposium Cafe | |
| Houlihan's | |
| Start-up Costs | |
| Symposium Cafe | |
| Houlihan's | |
| Equipment | |
| Symposium Cafe} | |
| Houlihan's | |
| Inventory | |
| Symposium Cafe | |
| Houlihan's | |
| Receivables | |
| Symposium Cafe | |
| Houlihan's | |
| Payroll | |
| Symposium Cafe | |
| Houlihan's | |
Training & Support |
|
| Training | |
| Symposium Cafe | 3 full months of training for up to three individuals at an existing Symposium Cafe location. |
| Houlihan's | |
| Support | |
| Symposium Cafe | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Symposium Cafe | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Symposium Cafe | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Symposium Cafe | |
| 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, |
| Canada Expansion | |
| Symposium Cafe | Ontario |
| Houlihan's | |
| International Expansion | |
| Symposium Cafe | |
| Houlihan's | |