Houlihan's vs Rhapsody's Franchise Comparison

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

Start-Up Costs and Fees

 
Houlihan's Franchise
Rhapsody's Franchise
Investment $1,600,000 - $4,300,000$565,000 - And Up
Franchise Fee $40,000$42,500 - $56,000
Royalty Fee 4%6%
Advertising Fee -1 - 3%
Year Founded 19722000
Year Franchised 19940
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $5K-


Business Experience Requirements

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

    Financing Options

     
    Houlihan's Franchise
    Rhapsody's 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/Yes-/-

    Training & Support

     
    Houlihan's Franchise
    Rhapsody's Franchise
    Training -The training consists of a minimum of 3 months which is all done in an existing store level. A management competency program is strictly adhered to and will be accessed weekly.
    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

     
    Houlihan's Franchise
    Rhapsody's Franchise
    US Expansion Yes-
    Canada Expansion No-
    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 Rhapsody's

    FLAVOURS OF LIFE In February 2000, the Rhapsodys concept began with the basic notion of raising the bar in dining excellence and has since persevered toward a supremacy which is dynamic and full of life. Rhapsodys offers a natural ambiance which is lively yet effortless, simple yet delicious, stylish yet relaxed. Elegant decor and an extensive array of superior wines form part of the perfect backdrop for our superb culinary flair. There are many opportunities for further Rhapsodys venues and in this regard, our Directors welcome enquiries from suitable individuals and / or organizations who are interested in certain areas which do not overlap with any of our existing restaurants. Location is paramount to the success of any restaurant.Our criteria, demands a high traffic venue with good visibility to passing trade.In addition to this, a site should have acceptable access to secure parking. Should you have access to capital as well as experience and passion for the restaurant industry reach out for the Flavours of Life and send a short description of your interest to us on [email protected] and we will respond to your enquiry as soon as possible.