Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (2024)

Bar Louie was established in 1991 by Ted Kasmir and Roger Greenfield and has swiftly expanded its presence across the United States. Headquartered in Addison, Texas, the company began franchising in 2000 and has been able to revolutionize casual dining.

Bar Louie was founded to create a vibrant yet relaxed environment where patrons could enjoy delicious food and drinks in an inviting setting. The company boasts an eclectic menu featuring gourmet burgers, sandwiches, small plates, and an extensive selection of craft co*cktails and beers, catering to diverse tastes.

What sets Bar Louie apart is its fusion of modern flair with a classic neighborhood bar feel, offering guests a unique experience. With its emphasis on exceptional service, innovative cuisine, and a welcoming atmosphere, the franchise continues to redefine casual dining, making it a beloved destination for food enthusiasts and social lovers.

Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (1)

Number of locations

Here’s how many Bar Louie there are in the US today.

TOTAL UNITS
67
FRANCHISED UNITS
20

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Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (2)

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Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (3)Bar Louie
FRANCHISE FEE$50,000
ROYALTY FEE5.00%
INITIAL INVESTMENT$1,080,000 – $3,974,000
AVERAGE REVENUE$2,800,000
Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (5)
Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (6)

Initial investment

Here’s what you can expect to spend to start a Bar Louie franchise.

Type of ExpenditureAmount
Initial Franchise Fee$50,000
Travel/Living Expenses for Initial Training$25,000 – $80,000
Business Licenses and Permits$10,000 – $400,000
Professional Fees$2,500 – $25,000
Promotional Materials and Supplies$3,000 – $10,000
Rent and Security Deposit$60,000 – $160,000
Utility Deposits$3,000 – $15,000
Insurance (incl. workers’ comp.)$31,000 – $35,000
Construction Costs$500,000 – $1,800,000
Architect Fees$30,000 – $100,000
Branding Materials, Graphic Design$5,000 – $25,000
Initial Inventory$50,000 – $64,000
Kitchen & Bar Equipment$60,000 – $360,000
Smallwares$40,000 – $50,000
Point-of-Sale System$25,000 – $50,000
Fixtures, Tables, Chairs and Office Equipment$70,000 – $350,000
Artwork$10,000 – $50,000
Signage$20,000 – $75,000
Grand Opening$10,000 – $50,000
Additional Funds (3 months)$75,000 – $225,000
Totals$1,080,000 – $3,974,000

Note:The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in theItem 7of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by thefranchisor, please consult the Franchise Disclosure Document.

Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (7)

Franchise fees & Royalties

Here are the main ongoing fees the franchisor will ask you to pay going forward to run the franchise.

Initial Franchise Fee

The initial franchise fee is $50,000, payable upon signing the Franchise Agreement. If you intend to operate Restaurants at multiple locations and are authorized to do so, an additional $50,000 franchise fee is required for each Restaurant location. All franchise fees are fully earned and non-refundable under any circ*mstances.

Royalty Fees

Franchisees must pay a royalty fee equal to 5% of Gross Sales. This payment is scheduled on a weekly basis, specifically every Tuesday, for the sales generated in the previous week, ending on Sunday.

Marketing Contribution

Franchisees are obligated to contribute up to 4.5% of Gross Sales toward marketing efforts. Within this framework, 1.5% is directed to the Marketing Fund for brand-wide marketing initiatives, while the remaining 3% is designated for the franchisee to spend on local marketing and promotional activities.

Other Purchases

Before opening for business, a non-refundable activation fee of $2,500 per Restaurant location is required for the data management platform license.

Development Fee

Under the terms of the Development Agreement, the Franchise Fee is the same as under the Franchise Agreement. A Development Fee equal to $50,000 multiplied by the number of Bar Louie restaurants agreed to be developed is payable upon execution of the Development Agreement. This fee is not refundable under any circ*mstances.

Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (8)

Revenue & Profits

Here’s how much revenue and profits you can make with a Bar Louie franchise.

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Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (9)

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Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (10)Bar Louie
FRANCHISE FEE$50,000
ROYALTY FEE5.00%
INITIAL INVESTMENT$1,080,000 – $3,974,000
AVERAGE REVENUE$2,800,000
Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (12)

How to apply

Opening a Bar Louie franchise involves several steps designed to ensure you are a good fit for the franchise. Here are the main steps to follow to open a Bar Louie franchise.

1. Conduct Preliminary Research

  • Understand the Brand: Familiarize yourself with Bar Louie’s culture, menu, and unique selling propositions.
  • Market Analysis: Assess the demand for a bar and casual dining in your desired location.
  • Competitor Analysis: Identify key competitors and analyze their strengths, weaknesses, and market positioning.
  • Franchise Disclosure Document (FDD) Review: Obtain and review Bar Louie’s FDD for detailed information on the franchise system, fees, and operational requirements.

2. Initial Application

  • Submit an Inquiry: Complete the initial inquiry form on the Bar Louie franchising website to express your interest.
  • Initial Discussion: Meet with a Bar Louie franchise representative to discuss your interests, background, and the basics of franchising.

3. Financial Qualifications

  • Financial Requirements: Ensure you meet the financial requirements for net worth and liquid assets. Bar Louie will specify these in the FDD or during your discussions.
  • Proof of Funds: Be prepared to provide proof of funds to demonstrate your financial capability to open and operate a franchise.

4. Discovery Day

  • Attend Discovery Day: Bar Louie may invite you to a Discovery Day event at their corporate headquarters or a designated location. This is your opportunity to meet the team, understand the brand culture, and see the operations firsthand.
  • Evaluation: You and the Bar Louie team will use this time to determine whether there is a mutual fit.

5. Site Selection and Approval

  • Location Identification: Identify a potential site for your Bar Louie franchise that aligns with the brand’s demographic and location requirements.
  • Site Approval: Submit your site for approval by Bar Louie. This may involve demographic studies, traffic patterns analysis, and other criteria set by the franchisor.

6. Sign Franchise Agreement

  • Review Agreement: Thoroughly review the Franchise Agreement with the help of a franchise attorney to understand your obligations and rights.
  • Sign Agreement and Pay Fees: Once you agree to the terms, sign the franchise agreement and pay the initial franchise fee to officially become a Bar Louie franchisee.

7. Training, Build-Out, and Launch

  • Undergo Training: Complete Bar Louie’s training program, which covers all operational aspects.
  • Store Design and Construction: Ensure your location matches Bar Louie’s branding and design standards.
  • Hiring and Training Staff: Assemble and train a team that embodies Bar Louie’s service standards.
  • Marketing Strategies: Develop and implement marketing strategies that align with Bar Louie’s brand, leveraging local market insights and corporate marketing support to attract and retain customers.

Disclaimer

Disclaimer: This content has been madefor informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained inthis articleconstitutes a solicitation, recommendation, endorsem*nt, advertisem*nt, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circ*mstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the articleconstitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Bar Louie Franchise Costs $1.08M – $3.97M (+ 2024 Profits) (2024)

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