My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue

Franchise: Hooters

Initial Investment
LOW:$956,500
HIGH: $4,275,000
Change in Units
+0.2% +1 UNITS (1 Year)
+1.0% +4 UNITS (3 Years)

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Security
Field Operations
Marketing Support
Ad Slicks
National Media
Regional Media

Training Onsite: Varies

Training at headquarters: Varies

About Hooters

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.

Founded

1983

Franchising Since

1986 (31 Years)

Corporate Address

1815 The Exchange Atlanta, GA 30339

CEO

Terry Marks

Parent Company

Hooters of America LLC

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

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

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Franchise Articles

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.

Sin Is in at These Booming Eateries

At some restaurants, the seven deadly sins aren't just vices: They're big business, too.

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.

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.

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

Reprints & Licensing
Update Your Listing
Submit New Listing