Start-Up Costs and Fees |
||
| Taechang Family | Houlihan's | |
| Investment | 0 - 0 | 1600000 - 4300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | ||
| Year Founded | 1999 | 1972 |
| Year Franchised | 1999 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Taechang Family | Houlihan's | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Taechang Family | Houlihan's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Taechang Family | Houlihan'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 |
||
| Taechang Family | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Taechang Family | |
| Houlihan's | |
| Franchise Fee | |
| Taechang Family | |
| Houlihan's | |
| Royalty Fee | |
| Taechang Family | |
| Houlihan's | 4% |
| Advertising Fee | |
| Taechang Family | |
| Houlihan's | |
| Year Founded | |
| Taechang Family | 1999 |
| Houlihan's | 1972 |
| Year Franchised | |
| Taechang Family | 1999 |
| Houlihan's | 1994 |
| Term Of Agreement | |
| Taechang Family | |
| Houlihan's | 20 years |
| Renewal Fee | |
| Taechang Family | |
| Houlihan's | $5K |
Business Experience Requirements |
|
| Experience | |
| Taechang Family | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
Financing Options |
|
| Franchise Fees | |
| Taechang Family | |
| Houlihan's | |
| Start-up Costs | |
| Taechang Family | |
| Houlihan's | |
| Equipment | |
| Taechang Family} | |
| Houlihan's | |
| Inventory | |
| Taechang Family | |
| Houlihan's | |
| Receivables | |
| Taechang Family | |
| Houlihan's | |
| Payroll | |
| Taechang Family | |
| Houlihan's | |
Training & Support |
|
| Training | |
| Taechang Family | |
| Houlihan's | |
| Support | |
| Taechang Family | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Taechang Family | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Taechang Family | |
| 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 | |
| Taechang Family | |
| 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 | |
| Taechang Family | 0 |
| Houlihan's | |
| International Expansion | |
| Taechang Family | |
| Houlihan's | |