Start-Up Costs and Fees |
||
| Houlihan's | Palapas Restaurants | |
| Investment | 1600000 - 4300000 | 750000 - 2000000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | ||
| Year Founded | 1972 | 0 |
| Year Franchised | 1994 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Houlihan's | Palapas Restaurants | |
| Experience | Industry experience General business experience Must live in same market being developed | |
Financing Options |
||
| Houlihan's | Palapas Restaurants | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Houlihan's | Palapas 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 | Palapas 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 | |
| Palapas Restaurants | |
| Franchise Fee | |
| Houlihan's | |
| Palapas Restaurants | |
| Royalty Fee | |
| Houlihan's | 4% |
| Palapas Restaurants | 5% |
| Advertising Fee | |
| Houlihan's | |
| Palapas Restaurants | |
| Year Founded | |
| Houlihan's | 1972 |
| Palapas Restaurants | 0 |
| Year Franchised | |
| Houlihan's | 1994 |
| Palapas Restaurants | 0 |
| Term Of Agreement | |
| Houlihan's | 20 years |
| Palapas Restaurants | |
| Renewal Fee | |
| Houlihan's | $5K |
| Palapas Restaurants | |
Business Experience Requirements |
|
| Experience | |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
| Palapas Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Houlihan's | No |
| Palapas Restaurants | No |
| Start-up Costs | |
| Houlihan's | |
| Palapas Restaurants | |
| Equipment | |
| Houlihan's} | |
| Palapas Restaurants | |
| Inventory | |
| Houlihan's | |
| Palapas Restaurants | |
| Receivables | |
| Houlihan's | |
| Palapas Restaurants | |
| Payroll | |
| Houlihan's | |
| Palapas Restaurants | |
Training & Support |
|
| Training | |
| Houlihan's | |
| Palapas Restaurants | |
| Support | |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Palapas Restaurants | |
| Marketing | |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Palapas 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) |
| Palapas 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, |
| Palapas Restaurants | |
| Canada Expansion | |
| Houlihan's | |
| Palapas Restaurants | |
| International Expansion | |
| Houlihan's | |
| Palapas Restaurants | |