Houlihan's vs L and L Franchise Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Houlihan's vs L and L Franchise including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Houlihan's Franchise
L and L Franchise Franchise
Investment $1,600,000 - $4,300,000$133,700 - $535,000
Franchise Fee $40,000$30,000
Royalty Fee 4%3%-4%
Advertising Fee -1%-2%
Year Founded 19721976
Year Franchised 19941991
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $5K-


Business Experience Requirements

 
Houlihan's Franchise
L and L Franchise Franchise
Experience
  • Industry experience
  • General business experience
  • Must live in same market being developed
  • -

    Financing Options

     
    Houlihan's Franchise
    L and L Franchise Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/Yes
    Payroll No/YesNo/Yes

    Training & Support

     
    Houlihan's Franchise
    L and L Franchise Franchise
    Training - On-The-Job Training: 168 hours Classroom Training: 24 hours
    Support Meetings, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
    Marketing Co-op advertising, Ad slicks, Regional advertising Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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 Franchise
    L and L Franchise Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    International Expansion NoYes

    Company Overviews

    About Houlihan's

    Houlihan's has been known for exceptional food at an affordable price since we entered the casual dining segment in 1972. Our menu features a great mix of contemporary pop American cooking - classic dishes reinvented in a fresh modern way and brought to the table with simple, stylish plating and presentations. And then there's the bar. It's always the best place to feel the great energy of Houlihan's. Our bar strategy unites pop culture, trendy premium brands, the newest drinks and vendor insights for a winning combination, resulting in an enviable liquor mix.

    To help us more quickly expand to new markets and trade areas, Houlihan's is seeking sophisticated restaurant operators with experience building out entire markets. At this time, we are not pursuing single-site franchise agreements.

    Our ideal candidate to become a franchise market developer is a successful full-service, multi-unit operator with expertise in one or more large markets (e.g. the top 75 MSAs in the United States). We are seeking entrepreneurial organizations that can thrive in our flexible franchise environment, while having access to growth capital and capital reserves, but experiencing growth constraints with their current restaurant concept(s).

    About L and L Franchise

    L&L Franchise, Inc., the parent company of L&L Drive-Inn and L&L Hawaiian Barbecue has expanded across Hawaii and mainland United States to include over 175 locations serving the best in Hawaiian Barbecue(SM) Hawaiian style cuisine. The company's approach in providing great food and Aloha spirit has been well received by many throughout the United States. The franchise continues to grow at a rate of one store per week. 

    Veteran Incentives  $10,000 off franchise fee
    "Entrepreneur
    #165 in Franchise 500 for 2020.
    #207 in Franchise 500 for 2021.