Bar Louie vs Bombshells Restaurant Franchise Comparison

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.

The first Bombshells opened in March of 2013 in Dallas, quickly becoming one of the most popular restaurant destinations in the area. There are now stores in Dallas, Austin, and Houston. Our concept has exceptional Average Unit Volumes with a strong lunch, happy hour, dinner, and after dinner entertainment with strong bar business.

The total investment necessary to begin operation of a single Bombshells Restaurant ranges from $1,731,000 to $2,916,000 for Restaurants established in connection with converting existing space and $2,231,000 to $3,086,000 for Restaurants that are established by new development and construction. This amount includes approximately $90,500 to $106,500 that must be paid to the franchisor or their affiliates, depending upon whether the franchisor requires you to pay the architect training fee and the audio/visual plan review fee. If you sign a Development Agreement, you will also pay a development fee equal to the total of 100% of the initial franchise fee for the first Restaurant to be developed plus 50% of the initial franchise fee for each additional Restaurant to be developed. The pro rata portion of the development fee allocable to each Restaurant will be credited against the initial franchise fee due for that Restaurant.