T.G.I. Friday's vs Houlihan's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of T.G.I. Friday's vs Houlihan's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  T.G.I. Friday's Houlihan's
Investment 1000000 - 3000000 1600000 - 4300000
Franchise Fee 0
Royalty Fee 4%
Advertising Fee
Year Founded 1965 1972
Year Franchised 1988 1994
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  T.G.I. Friday's Houlihan's
Experience Industry experience General business experience Must live in same market being developed

Financing Options
  T.G.I. Friday's Houlihan's
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  T.G.I. Friday's 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
  T.G.I. Friday's 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
T.G.I. Friday's
Houlihan's
Franchise Fee
T.G.I. Friday's
Houlihan's
Royalty Fee
T.G.I. Friday's
Houlihan's 4%
Advertising Fee
T.G.I. Friday's
Houlihan's
Year Founded
T.G.I. Friday's 1965
Houlihan's 1972
Year Franchised
T.G.I. Friday's 1988
Houlihan's 1994
Term Of Agreement
T.G.I. Friday's
Houlihan's 20 years
Renewal Fee
T.G.I. Friday's
Houlihan's $5K


Business Experience Requirements
Experience
T.G.I. Friday's
Houlihan's Industry experience General business experience Must live in same market being developed

Financing Options
 
Franchise Fees
T.G.I. Friday's
Houlihan's
Start-up Costs
T.G.I. Friday's
Houlihan's
Equipment
T.G.I. Friday's}
Houlihan's
Inventory
T.G.I. Friday's
Houlihan's
Receivables
T.G.I. Friday's
Houlihan's
Payroll
T.G.I. Friday's
Houlihan's

Training & Support
Training
T.G.I. Friday's
Houlihan's
Support
T.G.I. Friday's
Houlihan's Meetings, Field operations/evaluations, Purchasing cooperatives
Marketing
T.G.I. Friday's
Houlihan's Co-op advertising, Ad slicks, Regional advertising
Operations
T.G.I. Friday's
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
T.G.I. Friday's
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
T.G.I. Friday's 0
Houlihan's
International Expansion
T.G.I. Friday's
Houlihan's