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Below is an in-depth analysis and side-by-side comparison of Houlihan's vs Cool-de-Sac 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 | $858,700 - $1,988,667 |
Franchise Fee | $40,000 | $75,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | - | - |
Year Founded | 1972 | 2008 |
Year Franchised | 1994 | 2010 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 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) | Number of employees needed to run franchised unit: 60 - 80. Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
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).
Cool de Sac is an attractive family-style restaurant model that offers something for everyone: it's a wonderful place to meet, it's a fantastic place to eat, it's a great place to play and the perfect destination for an all-around family day. After talking to over 300 parents during our research and having served over 160,000 customers so far, we can confirm that Cool de Sac is a fantastic idea whose time has come. Customer Service ratings to our flagship Restaurants in Florida have been excellent. Cool de Sac has lucratively covered a market niche that fills an important urban lifestyle need and offers highly promising business potential to any entrepreneur in any suburb in the United States. As we seek to expand our presence to other cities in the U.S. �" not to mention other countries �" we look forward to forging lasting partnerships with enthusiastic franchisees like you. Join forces with us and you will become part of a network that is driven by professionalism, quality, consistency, and a true passion for excellence. To learn how our partnership can work to your advantage, read more about Cool de Sac. As you get to know our business better, you will see an opportunity you'll want to consider for the long term. We envision your entrepreneurial spirit and our expertise as the perfect combination with which to build a powerful international brand. We look forward to welcoming you on board!