© 2007
Houlihan’s Restaurants Inc. Houlihan’s
and the stylized H are registered trademarks of Houlihan’s Restaurants
Inc.
DEVELOPER AND
BROKER INFORMATION
We
are seeking highly attractive retail locations, with access to substantial
convenient parking, and with architectural design standards that will allow us to incorporate the
key elements of our national trade dress.
Specific criteria:
PREFERRED
DEAL STRUCTURES
• Land
Purchase: typically 1.75 acres to self park (acreage varies with cross-parking availability)
•
Ground Lease: we have a standard curb-in work letter
•
Typically 15-year base term with five 5-year options
•
Reverse Build-To-Suit: curb-in ground lease with landlord construction
reimbursement ($1.0 – 1.5 million)
•
Tenant Finish + Tenant Improvement Allowance
• For
end cap spaces
•
Standard “restaurant shell” work letter
•
Typically 10-year base term with four 5-year options
• Gross
rent and tenant improvement negotiated on a case-by-case basis
• Pad
site or high-visibility end cap
• High
traffic retail locations
•
Building footprint of 6,500 to 7,000 square feet + service yard
• 1,000
to 2,000 square feet available for patio seating
•
Parking for 130+ cars
•
Extensive signage: building elevations + monument or pylon
•
Convenient ingress/egress
•