The Firkin Group of Pubs vs Bar Louie Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Firkin Group of Pubs vs Bar Louie including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Firkin Group of Pubs Franchise
Bar Louie Franchise
Investment $297,900 - $1,000,000$923,500 - $3,707,333
Franchise Fee $30,000$50,000
Royalty Fee 5%5%
Advertising Fee -2% local, 1%Nat'l
Year Founded 19871991
Year Franchised 19872010
Term Of Agreement 10-20 years-
Term Of Agreement 10-20 years-
Renewal Fee --


Business Experience Requirements

 
The Firkin Group of Pubs Franchise
Bar Louie Franchise
Experience
  • General business experience
  • Just as there is no cookie cutter location, there is no cookie-cutter franchisee. A company's objective should determine if a potential franchisee is a good fit. For franchisees looking to build on a unique culture, franchisees should be excited for the opportunity to customize. Someone who wants to expand quickly through a replication and repetition rollout approach will not deliver the guest experience that customers should come to expect from the brand.


    Financing Options

     
    The Firkin Group of Pubs Franchise
    Bar Louie Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/No-/-

    Training & Support

     
    The Firkin Group of Pubs Franchise
    Bar Louie Franchise
    Training Our Firkin training helps franchisees learn about running a successful and most importantly, profitable business. Every franchisee is required to complete an intense, mandatory training session over the course of 4 weeks that encompasses every aspect of the Firkin business. From day one, franchisees also have access to highly coveted, one of a kind, training materials including: * F.U. Firkin University in-house * F.U. Firkin University online * Firkin Autopilot �" franchisee intranet-
    Support Meetings, Purchasing cooperatives

    We offer extensive support along the way, including: * Full support through the site identification and construction process * A comprehensive training program for restaurant teams * MALT (Music, Atmosphere, Lighting, Temperature) - the secret to creating the Bar Louie experience * Access to leading software and restaurant management tools * Compelling advertising and local store marketing materials * Extensive PR and social media programming

    Marketing --
    Operations Franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    The Firkin Group of Pubs Franchise
    Bar Louie Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About The Firkin Group of Pubs

    THE FIRKIN CONCEPTThe Firkin Group of Pubs is the largest & most dominant chain of traditional English pubs in North America. Firkin thirsty? It's the perfect place to enjoy a pint or two with great food and great friends. Firkin Hungry? Our welcoming atmosphere and sparkling personality mixed with your local flavor creates a neighbourhood hangout everyone can agree on. DEVELOPMENT We've had 48 Firkin Pubs open throughout North America, and more than 180 more pubs in development. Our Firkin's are everywhere from business and power centers to urban areas and university districts. Every pub is a little different. One's just right for you. Modeled after a traditional English pub, each Firkin is unique to its neighborhood, and carries a name of a familiar mascot paired with the Firkin, such as 'The Firkin & Fox', or the 'Firkin & Hound'. The Firkin brand is cheeky and irreverent and appeals to a broad base of consumers! For over 20 years, Firkin Pub's founders, franchisees, and followers have been creating the authentic English Pub Experience.
    FRANCHISING PROGRAMFirkin seeks ambitious area developers and entrepreneurs who, in the end, dream of building and operating a "company of pubs". The Firkin Group of Pubs offers two franchising programs: * Multi-Unit Franchisee: Build and manage a multi-unit restaurant company * Area Development Agent (Master Franchise) If you have ever thought about owning a "company of pubs," please call us at 1.877.Firkin.4 (1.877.347.5464)

    About Bar Louie

    Bar Louie is a national collection of neighborhood bars featuring hand-crafted cocktails and spirits, delectable food and an inviting atmosphere for people to enjoy time with friends and mingle with new people. Founded in 1990 by Ted Kasmir and Roger Greenfield, Bar Louie has more than 100 locations across the United States and is growing through both franchising and corporate locations. Open during four parts of the day - lunch, happy hour, dinner and late night - Bar Louie is an award-winning concept with a progressively hip and lively atmosphere. Each Bar Louie is a local social, casual gathering spot - neighborhood bars and eateries that feature hand-crafted cocktails, spirits and delectable scratch food in an inviting, urban atmosphere. Each Bar Louie has a modern, relaxed vibe that expresses the brand’s identity, and no two locations are alike. Some are a cozy 5,000 square feet, while another boasts a roomy 11,000 square feet, with many other locations somewhere between. Layouts vary, as do local food and drink specials. Just as no two locations are like, there is no "cookie-cutter" type of franchise partner for Bar Louie. While existing franchisees have owned a business, each owner comes from a unique facet of life. Similarly, guests range from ages 25 to 54 and more than 50 percent are women. Another distinction is Bar Louie's four distinct day-parts - lunch, happy hour, dinner and late night - with the entire food and drink menu available all day, every day. This provides guests a perfect gathering place for family dinners, drinks with friends, watching sporting events and everything between. The average customer visit lasts longer than two hours.
    Financially we require per location: $500K liquid assets, $1.5 million net worth.

    The total investment necessary to begin operations of a Bar Louie Restaurant franchised business ranges from $923,500 to $3,707,333. This includes $50,500 that must be paid to the franchisor or an affiliate.
    The total initial investment necessary to begin operation as a Bar Louie Area Developer is $25,000 multiplied by the number of Bar Louie restaurants to be developed under the Development Agreement. This is the same amount that must be paid to the franchisor or an affiliate.