Start-Up Costs and Fees |
||
| Hard Rock Cafe | Houlihan's | |
| Investment | 2995000 - 4910000 | 1600000 - 4300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | ||
| Year Founded | 0 | 1972 |
| Year Franchised | 0 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hard Rock Cafe | Houlihan's | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Hard Rock Cafe | Houlihan's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hard Rock Cafe | 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 |
||
| Hard Rock 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hard Rock Cafe | |
| Houlihan's | |
| Franchise Fee | |
| Hard Rock Cafe | |
| Houlihan's | |
| Royalty Fee | |
| Hard Rock Cafe | |
| Houlihan's | 4% |
| Advertising Fee | |
| Hard Rock Cafe | |
| Houlihan's | |
| Year Founded | |
| Hard Rock Cafe | 0 |
| Houlihan's | 1972 |
| Year Franchised | |
| Hard Rock Cafe | 0 |
| Houlihan's | 1994 |
| Term Of Agreement | |
| Hard Rock Cafe | |
| Houlihan's | 20 years |
| Renewal Fee | |
| Hard Rock Cafe | |
| Houlihan's | $5K |
Business Experience Requirements |
|
| Experience | |
| Hard Rock Cafe | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
Financing Options |
|
| Franchise Fees | |
| Hard Rock Cafe | |
| Houlihan's | |
| Start-up Costs | |
| Hard Rock Cafe | |
| Houlihan's | |
| Equipment | |
| Hard Rock Cafe} | |
| Houlihan's | |
| Inventory | |
| Hard Rock Cafe | |
| Houlihan's | |
| Receivables | |
| Hard Rock Cafe | |
| Houlihan's | |
| Payroll | |
| Hard Rock Cafe | |
| Houlihan's | |
Training & Support |
|
| Training | |
| Hard Rock Cafe | |
| Houlihan's | |
| Support | |
| Hard Rock Cafe | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Hard Rock Cafe | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Hard Rock 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 | |
| Hard Rock 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 | |
| Hard Rock Cafe | 0 |
| Houlihan's | |
| International Expansion | |
| Hard Rock Cafe | |
| Houlihan's | |