Hooters

Casual restaurants

About

Founded

1983

Franchising Since

1986 (34 Years)

Corporate Address

1815 The Exchange
Atlanta, GA 30339

CEO

Terry Marks

Parent Company

Hooters of America LLC

Financial Requirements

Initial Investment ⓘ

$956,500 - $4,275,000

Net-worth Requirement ⓘ

$2,500,000 - $3,000,000

Liquid Cash Requirement ⓘ

$1,500,000

Ongoing Fees

Initial Franchise Fee ⓘ

$75,000 - $75,000

Ongoing Royalty Fee

Ad Royalty Fee

2.5%

Financing Options

Hooters has relationships with third-party sources which offer financing to cover the following:  franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options

Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Social media

SEO

Loyalty program/app

On-The-Job Training:

942 hours

Classroom Training:

64.5 hours

Bio

The first Hooters Restaurant opened in Clearwater, Florida, in 1983. The company, known for its Hooters Girls waitresses, began franchising in 1986. The beach-theme restaurants feature sports displayed on flat-screen TVs and a menu offering seafood, sandwiches, burgers, salads, chicken wings and alcohol.

Cost

Initial Investment: Low - $956,500 High - $4,275,000

Units

-4.6%-20 UNITS (1 Year) -1.2%-5 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

Franchise Financing

Using 401(K)/IRA Funds

Tax Penalty-Free
Debt Free
Expert Guidance

Learn More

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Brass Tap

Franchise Articles

				
From Franchisor to a Competitor's Franchisee: How a Hooters Owner Bounced BackFormer Hooters owner is back in business at Twin Peaks.

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Starbucks, Hooters and 10 Other Chains Honoring Veterans With Deals A snapshot of the restaurant and retail chains that are serving up Veterans Day deals to those who have served our country. 

				Kate Taylor
			
					|			4 min read
			
Franchise Players: International Hooters Franchisee on Taking the Business WorldwideWith Hooters locations from South Africa to Portland, Ore., Michael Pruitt knows how to make a brand go global. 

				Kate Taylor
			
					|			6 min read