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Below is an in-depth analysis and side-by-side comparison of Houlihan's vs The Cheesecake Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,600,000 - $4,300,000 | N/A |
Franchise Fee | $40,000 | N/A |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1972 | - |
Year Franchised | 1994 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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).
As one of Canada's most successful restaurant concepts, limited number of opportunities are now being offered to qualified individuals to become franchisers.The Cheesecake Cafe is a leader in the casual restaurant business. Lunch, brunch, dinner, drinks . . . the cafe meets the expectations of our guests and in return we are rewarded with exceptionally high sales volumes (one of the highest in the country!) Our success can be your success! Your future may be located in one of the markets we have targeted in Canada. Perhaps you presently own, or know of an existing restaurant that could be converted to a The Cheesecake Cafe. As a new franchisee, you will receive training at one of our cafes to teach you The Cheesecake Cafe system. If you already have restaurant management experience, you will appreciate the management system we employ to ensure success.