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Home > Franchises > Houlihan's
Houlihan's
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Revolutionizing casual dining in 1972, Houlihan’s opened its doors for the first time on the 14th of February. On that fateful day, a new standard in casual dining was born. Part eclectic eatery and part energetic bar scene, we quickly became known as the hot spot for friends and family to meet and enjoy great food and drinks. Today, the Company has won the hearts of adventure-loving foodies with an inviting atmosphere that boasts tantalizing drinks and a truly eclectic menu in an energetic environment to create a multi-sensory experience our loyal customers just cannot resist.
The Company is totally passionate about food. Using only the finest ingredients, their chefs are always looking for new ways to interpret food, drinks and how they are styled. Inspired by fare around the globe, they craft dishes made from scratch with assertive flavors, offering a culinary experience that’s undeniably unique. The bar at Houlihan’s offers a cool, welcoming vibe. It is perfect surrounding to enliven the customer’s inner being and set the mood for a dynamic night. Since their first store opened in 1972, they have been known as an eclectic eatery with an energetic bar scene where friends meet up to enjoy quality food and drinks.
Their total investment is 1.6 million to 4.3 million and their franchise fee is 40000 dollars. Their ongoing royalty fee is 4 percent and the term of agreement is 20 years which is renewable. The renewal fee is 5000 dollars. According to the Entrepreneur magazine of 2002 to 2006, Houlihan's has ranked 378th in 2006 in the Franchise 500 rankings.
As the Houlihan’s has evolved, their commitment to remarkable hospitality and culinary excellence has remained. They have grown to an enterprise more than 80 restaurants strong. Their modern restaurant design, on-trend menu offerings and stylish look and feel communicate a clear brand vision seated in consumer insights and fueling their growth, with 35 new stores planned over the next 12 months.
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