Bar Louie, a neighborhood bar and eatery known for its handcrafted cocktails, local brews and craveable food, recently announced it is in the midst of an aggressive expansion. The company is experiencing growth with 40 projected new openings for 2013 and 2014. In addition, Bar Louie has plans for nearly 100 new corporate and 100 franchise locations across the U.S. within the next five years. Since 2011, Bar Louie has seen a 50 percent growth in corporate locations. This number is expected to climb to more than 70 percent by the end of 2013.
“This is an exciting time for Bar Louie as we are experiencing growth at an exceptional pace,” said John Neitzel, chief executive officer of Bar Louie. “We believe this success can be attributed to our proven 50/50 bar-restaurant business model that encourages multiple customer visits throughout the day, and truly differentiates our brand from competitors.”
With more than 70 Bar Louie locations across the country, the company is seeking experienced multi-unit foodservice and retail operators with a passion for the industry and a commitment to daily operations. Bar Louie franchisees can expect their initial investment to range from approximately $410,000 – $3 million.
This year the company was named to Nation’s Restaurant News’ 2013 Breakout Brands and Top 10 Newcomers lists. The company was also awarded the 2011 Cheers Beverage Excellence Award for “Best Chain Overall Beverage Program.”
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