Start-Up Costs and Fees |
||
| Wimpys Diner | Houlihan's | |
| Investment | 250000 - 500000 | 1600000 - 4300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4% |
| Advertising Fee | 2% | |
| Year Founded | 1988 | 1972 |
| Year Franchised | 1992 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wimpys Diner | Houlihan's | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Wimpys Diner | Houlihan's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Wimpys Diner | 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 |
||
| Wimpys Diner | Houlihan's | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wimpys Diner | |
| Houlihan's | |
| Franchise Fee | |
| Wimpys Diner | |
| Houlihan's | |
| Royalty Fee | |
| Wimpys Diner | 4% |
| Houlihan's | 4% |
| Advertising Fee | |
| Wimpys Diner | 2% |
| Houlihan's | |
| Year Founded | |
| Wimpys Diner | 1988 |
| Houlihan's | 1972 |
| Year Franchised | |
| Wimpys Diner | 1992 |
| Houlihan's | 1994 |
| Term Of Agreement | |
| Wimpys Diner | |
| Houlihan's | 20 years |
| Renewal Fee | |
| Wimpys Diner | |
| Houlihan's | $5K |
Business Experience Requirements |
|
| Experience | |
| Wimpys Diner | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
Financing Options |
|
| Franchise Fees | |
| Wimpys Diner | |
| Houlihan's | |
| Start-up Costs | |
| Wimpys Diner | |
| Houlihan's | |
| Equipment | |
| Wimpys Diner} | |
| Houlihan's | |
| Inventory | |
| Wimpys Diner | |
| Houlihan's | |
| Receivables | |
| Wimpys Diner | |
| Houlihan's | |
| Payroll | |
| Wimpys Diner | |
| Houlihan's | |
Training & Support |
|
| Training | |
| Wimpys Diner | |
| Houlihan's | |
| Support | |
| Wimpys Diner | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Wimpys Diner | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Wimpys Diner | |
| 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 | |
| Wimpys Diner | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| 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 | |
| Wimpys Diner | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Houlihan's | |
| International Expansion | |
| Wimpys Diner | |
| Houlihan's | |