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Hooters
#236 Franchise 500| 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%

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

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Security/Safety Procedures

Field Operations

Site Selection

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

Website development

Loyalty program/app

On-The-Job Training:

Varies

Classroom Training:

Varies

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)

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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Franchise Articles

From Franchisor to a Competitor's Franchisee: How a Hooters Owner Bounced Back

From Franchisor to a Competitor's Franchisee: How a Hooters Owner Bounced Back

Former Hooters owner is back in business at Twin Peaks.
Jason Daley
4 min read
A Coffee Shop Franchise Where the Baristas Wear Almost Nothing Is Actually a Thing

A Coffee Shop Franchise Where the Baristas Wear Almost Nothing Is Actually a Thing

Based in California, Bottoms Up Espresso is just beginning to franchise.
Kate Taylor
2 min read
Sin Is in at These Booming Eateries

Sin Is in at These Booming Eateries

At some restaurants, the seven deadly sins aren't just vices: They're big business, too.
Katie Little
3 min read
Starbucks, Hooters and 10 Other Chains Honoring Veterans With Deals

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 Worldwide

Franchise Players: International Hooters Franchisee on Taking the Business Worldwide

With Hooters locations from South Africa to Portland, Ore., Michael Pruitt knows how to make a brand go global.
Kate Taylor
6 min read

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 16th, 2017
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