BAR LOUIE

BAR LOUIE

Bar Louie offers franchises for gastrobar restaurants featuring upscale casual food, on-premises alcoholic beverages, third-party delivery, catering, and related products and services. Franchisees operate under a proprietary system with distinctive branding, menus, layouts, and methods, typically in 6,000-8,000 square foot spaces located in lifestyle centers, business districts, and densely populated urban/residential areas. The business model supports single-unit franchises or multi-unit developments targeting operators in the casual dining and bar sector.

18
Locations
$1065K–$3949K
Investment
Since 2006
Franchising
Food & BeverageAddison, TXBLH Acquisition Co. LLCwww.barlouie.comDisclaimer

Franchise Costs


Franchise Fee
$50,000
Item 5 of FDD
Initial Investment Range
$1,064,500 $3,949,000
Low: $1,064,500High: $3,949,000
Item 7 of FDD
Royalty Rate
5.00%
of gross sales
Brand Fund
1.50%
Item 6 of FDD
Fixed Monthly Fees
$192 – $268
Item 6 of FDD

5% royalty + up to 4.5% marketing contribution (currently 1.5% to brand fund + 3% local spend) + 0.5% technology + $192-$268/mo data platform license

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0

Data Based On: 16 franchised units (11 not located in a hotel, 5 located in a hotel) open for the full calendar year 2023.

* Weighted average gross revenue calculated for 2023 based on two categories of franchised units: 11 units not located in a hotel with an average gross revenue of $3,090,933, and 5 units located in a hotel with an average gross revenue of $1,998,819. The calculation is ((3,090,933 * 11) + (1,998,819 * 5)) / (11 + 5) = $2,749,647.38. Median, quartile, net income, net profit, and EBITDA data are not explicitly provided or stated as excluded in the document.

Extracted Item 19 Section

How BAR LOUIE Compares


Key Insights

  • Lower than average SBA loan default rate in Casual Dining
FranchiseInvestmentFeeRoyaltyLocations
BAR LOUIE
Current
$1.1M – $3.9M$50K5.0%18
IHOP & INTERNATIONAL HOUSE OF PANCAKES$1.8M – $4.5M$69KN/A1,703
BUFFALO WILD WINGS$2.5M – $4.9M$25K5.0%538
GOLDEN CORRAL STEAKS, BUFFET & BAKERY$2.1M – $8.5M$50K4.0%352
GOLDEN CORRAL$2.2M – $8.7M$50K4.0%348
ORIGINAL PANCAKE HOUSE (THE)$483K – $1.7M$60K2.0%146
Casual Dining Average
44 franchises
$1.5M – $3.5M$43K4.6%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 Casual Dining franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1FL
5
2TX
5
3MI
5
4IN
4
5TN
3
6CA
3
7MO
3
8OH
3
9AR
2
10IL
2
11PA
2
12CO
2
13AZ
2
14WI
1
15IA
1

+6 more states

SBA Loan History


Historical SBA 7(a) loan data for BAR LOUIE franchisees (20122021)

Total Loans
8
Average Loan
$1,170,138
Total Volume
$9.4M
Default Rate
12.5%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


18 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

18 Contacts Available

Unlock all BAR LOUIE franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Dispute with franchisees involving violations of franchise agreements and unauthorized restaurant closures.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Predecessor franchisor BL Restaurant Franchises LLC (BLRF) and affiliates (BL Restaurants Holding LLC, BL Restaurant Operations LLC, and BL Hunt Valley LLC) filed Chapter 11 on January 27, 2020.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
1
Ceased Ops
1
Transfers
0
Sold to Franchisees
0
Projected New
3

Frequently Asked Questions


The total initial investment to open a BAR LOUIE franchise ranges from $1,064,500 to $3,949,000. This includes a franchise fee of $50,000. Ongoing royalty fees are 5.0% of gross sales.

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