Hooters
Casual restaurants
Hooters
Casual restaurants
About
Founded
1983
Franchising Since
1986 (32 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
5%
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
Hooters is ranked #236 in the Franchise 500!
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
+2.2%+9 UNITS (1 Year)
+1.9%+8 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new units internationally.
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