Start-Up Costs and Fees |
||
| Red Hot & Blue | Houlihan's | |
| Investment | 380700 - 1000000 | 1600000 - 4300000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | ||
| Year Founded | 1988 | 1972 |
| Year Franchised | 1990 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Hot & Blue | Houlihan's | |
| Experience | Industry experience | Industry experience General business experience Must live in same market being developed |
Financing Options |
||
| Red Hot & Blue | Houlihan's | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Red Hot & Blue | Houlihan's | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) | 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 |
||
| Red Hot & Blue | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Hot & Blue | |
| Houlihan's | |
| Franchise Fee | |
| Red Hot & Blue | |
| Houlihan's | |
| Royalty Fee | |
| Red Hot & Blue | 5% |
| Houlihan's | 4% |
| Advertising Fee | |
| Red Hot & Blue | |
| Houlihan's | |
| Year Founded | |
| Red Hot & Blue | 1988 |
| Houlihan's | 1972 |
| Year Franchised | |
| Red Hot & Blue | 1990 |
| Houlihan's | 1994 |
| Term Of Agreement | |
| Red Hot & Blue | 20 years |
| Houlihan's | 20 years |
| Renewal Fee | |
| Red Hot & Blue | |
| Houlihan's | $5K |
Business Experience Requirements |
|
| Experience | |
| Red Hot & Blue | Industry experience |
| Houlihan's | Industry experience General business experience Must live in same market being developed |
Financing Options |
|
| Franchise Fees | |
| Red Hot & Blue | No |
| Houlihan's | No |
| Start-up Costs | |
| Red Hot & Blue | |
| Houlihan's | |
| Equipment | |
| Red Hot & Blue} | |
| Houlihan's | |
| Inventory | |
| Red Hot & Blue | |
| Houlihan's | |
| Receivables | |
| Red Hot & Blue | |
| Houlihan's | |
| Payroll | |
| Red Hot & Blue | |
| Houlihan's | |
Training & Support |
|
| Training | |
| Red Hot & Blue | |
| Houlihan's | |
| Support | |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Houlihan's | Meetings, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Houlihan's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Red Hot & Blue | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
| 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 | |
| Red Hot & Blue | |
| 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 | |
| Red Hot & Blue | |
| Houlihan's | |
| International Expansion | |
| Red Hot & Blue | |
| Houlihan's | |