Franchise FAQ

how much does it cost to open a hooters franchise

by Miss Fannie Greenholt I Published 2 years ago Updated 1 year ago
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How many Hooters locations are there in the US?

Hooters T-shirts, sweatshirts, and various souvenirs and curios are also sold. As of 2016 there were more than 430 Hooters locations and franchises around the world and Hooters of America LLC. owns 160 units. There are Hooters locations in 44 US states, the US Virgin Islands, Guam, and in 28 other countries. How much does Hooters franchise cost?

Is Hooters a chain or franchise?

Hooters, Inc., is the trade name of two privately held American restaurant chains: Hooters of America, Incorporated, based in Atlanta, Georgia, and Hooters, Incorporated, based in Clearwater, Florida. The menu includes hamburgers and other sandwiches, steaks, seafood entrees, appetizers, and the restaurant's specialty, chicken wings.

Does Hooters sell alcoholic beverages?

Almost all Hooters restaurants hold alcoholic beverage licenses to sell beer and wine, and where local permits allow, a full liquor bar. Hooters T-shirts, sweatshirts, and various souvenirs and curios are also sold. As of 2016 there were more than 430 Hooters locations and franchises around the world and Hooters of America LLC. owns 160 units.

How many Hooters locations does Pruitt own?

As CEO of Chanticleer Holdings, Pruitt owns and operates 8 international Hooters franchise territories. With locations everywhere from Cape Town to Budapest, and more on the way, here's...

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How much does it cost to open up a Hooters restaurant?

How much does Hooters franchise cost? Hooters has the franchise fee of up to $75,000, with total initial investment range of $956,500 to $4,275,000.

Can I invest Hooters?

$800,000 is required in available capital if you want to become a franchisee. The minimum you would expect to invest in a Hooters location is $800,000. $1,500,000 is the maximum that someone opening a location should expect to invest. $75,000 is the franchise fee new franchisees pay the franchisor.

How much is the Hooters company worth?

HootersTypePrivateRevenueUS$605 million (2021)OwnerNord Bay Capital TriArtisan Capital AdvisorNumber of employees15,000 (2021)Websitehooters.com8 more rows

Is it expensive to open a franchise?

Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.

Is Hooters making a comeback?

A number of Hooters locations around the country have closed in the past year—no doubt the pandemic presented a challenge for the chain whose biggest customer draw for years was its, ehm, atmosphere.

How many Hooters locations are there?

How many Hooters stores are there in the United States? There are 304 Hooters stores in the United States as of October 18, 2022. The state with the most number of Hooters locations in the US is Texas, with 54 stores, which is about 18% of all Hooters stores in the US.

Why is Hooters closing?

Lockdowns, capacity restrictions, staff health and safety protocols, all created a very unstable time for Hooters and restaurants everywhere. Some locations were forced to close their doors for good. Hooters at one time had more than 420 locations across the US and internationally.

Can males work at Hooters?

Hooters dogged adherence to an all-female wait staff model continues even though the Civil Rights Act of 1964 clearly states that discriminatory hiring — or choosing people of one sex over the other for a particular job — is unlawful. Hooters has successfully defended its ability to only employ female wait staff.

How is Hooters doing financially?

Hooters sales declined 1.7% from 2017 to 2018, according to Technomic data, with company-owned units growing sales 2.7% and franchisee-owned sales dropping 6.6%.

What franchise makes the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

What businesses can you start with 10k?

The Best Businesses to Start With 10kA Small Nest Egg Can Create Big Opportunities. Maybe you've been faithfully working your 9-to-5 job, and you've got some money in the bank. ... Import/Export Business. ... Online Store. ... Framing Business. ... Senior Care Business. ... Hauling Service. ... Home Staging Business. ... Window Treatment Business.More items...

What is Starbucks franchise fee?

What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.

Can you buy the Hooters uniform?

Can I buy the Hooters Girl uniform? The Hooters Girl is every bit as special and coveted to us as she is to you. As a result, the Hooters Girl uniform is only available to actively employed Hooters Girls. We are very protective of our girls and our brand.

Do you have to buy your Hooters uniform?

The only part of the uniform you have to buy is the stockings which are $5. Though getting new uniforms after one has been stained prices vary depending on the store manager.

What does Hooters do for your birthday?

Signup with Hooters eClub and receive a coupon for 10 FREE Boneless Wings for your birthday. Hooters is famous for chicken wings and are best enjoyed when doused in any one of their 12 signature sauces. Members of Hooters eClub will receive all the latest Hooters news, freebies, and special promotions.

What are the rules for working at Hooters?

5 Controversial Rules Hooters Servers Have To FollowHooters servers have to wear makeup.Hooters servers have to wear their hair styled at work.Hooters servers have to be female-friendly.Hooters does not consider their employees to be "servers."That role is to be the girl next door or "American cheerleader."

How much money do you need to start a hooters franchise?

As detailed on the company website , that person would need a net worth of at least $2.5 million and liquidity of $1.5 million. Hooters charges a franchise fee of $75,000 to open a location in the United States and collects royalties totaling five percent of the gross sales – sans sales tax – every four weeks.

When did the Hooters start?

The story of Hooters is a real hoot. Incorporated on April Fool's Day in 1983 , according to the Original Hooters website, the restaurant sounded like a joke from its inception. The chain even takes its name from a joke by Steve Martin. The six businessmen who founded Hooters boasted a combined zero years of restaurant experience. Among them was former real estate broker Ed Droste, who said of their endeavor, "We were six clueless knuckleheads who called ourselves the Hooters Six" (via USA Today ). Their grand aspiration was "to open a neighborhood joint with a beach theme — that we couldn't get kicked out of."

How much do domestic restaurants contribute to national advertising?

Domestic restaurants must contribute 2.5 percent of gross sales to cover national advertising. Franchises operating abroad will pay country-specific franchise fees and an advertising rate of 0.5 percent. Unlike the Hooters Six, anyone looking to run their own Hooter franchise can't just wing it. They will need five years of experience in the restaurant business. They would also have to demonstrate the ability to develop at least three locations in the prospective territory. And if you could do it in a chicken suit, that would be priceless.

How much does it cost to open a hooters franchise?

The estimated investment required to open a Hooters Franchise is between $956,500-$4,275,000. There is an initial franchise fee of $75,000 which grants you the license to run a business under the Hooters name.

When is the Hooters free entree?

Hooters Honors First Responders with Free Entree on October 28#N#On Sun day October 28, Hooters is celebrating the nation's first responders by honoring EMT, firefighters and police officers with a free meal, accompanied with the purchase of any beverage. First responders must be in uniform or able to present proper first responder identification to enjoy ...

How to submit a site to Hooters?

If you're interested in submitting a site to Hooters, please call 770-951-2040 or click here to fill out the Site Submittal Form.

What Makes a Great Hooters Site?

Hooters are very adaptable to a variety of location types, in many different markets. Here are some key real estate metrics for domestic locations (international metrics may vary):

What is the Hooters restaurant?

Hooters restaurant design is appealing to a broad range of customers. The design offers more contemporary seating and interior finishes as well as a stronger focus on the bar and television experience, all while maintaining that fun, exciting atmosphere where customers can get a great meal and enjoy a beer while watching their favorite sporting event.

How long does it take to get a franchise for Hooters?

Your application will be reviewed and approved by the franchise review board, and you can then sign the disclosure. The whole process usually takes around 90 days, and then you will be ready to start your own Hooters franchise business.

What is the Hooters franchise?

The Hooters franchise is a world-famous restaurant and bar, well known for the beer, burgers and the iconic Hooter Girls. Right now, the company are looking for franchisees to bring the exciting Hooters experience to the UK. This is an opportunity to start your own multi-restaurant business, supported by an internationally successful brand.

Why should I choose to invest in a Hooters franchise over its food and beverage competitors?

Although the costs associated with opening a Hooters franchise are relatively high, you get is the opportunity to be part of a huge empire of high-quality restaurant destinations.

What experience or qualifications do I need to run a Hooters franchise?

It is essential that applicants demonstrate a high level of business knowledge and the necessary managerial skills to make their Hooters franchise a success.

How can I find out more about investing in a Hooters franchise?

The Hooters franchise application process is understandably designed to find the right people for the job . This is a major investment, and so it is essential that you have a high level of experience.

How many years of experience do you need to be a hooter?

Hooters is looking for the right people - both men and women - to open franchises across the UK. Franchisees must have five years or more experience in the restaurant industry and must have the ability to manage and run at least three restaurants. It is essential that applicants demonstrate a high level of business knowledge and the necessary managerial skills to make their Hooters franchise a success.

Is Hooters a restaurant?

Hooters considers itself to be more than just a restaurant. Sure, it serves the finest quality burgers, sandwiches, steaks, salads, and a huge selection of chicken wings in signature sauces . Yet it also provides the customer with a unique and unforgettable experience. Hooters is a destination, complete with food, drinks, sports and, of course, the iconic Hooter Girls.

What does a franchise agreement do for a Hooters restaurant?

Once you sign a Franchise Agreement, the Construction and Design Team will assist you with all matters relating to design and construction of the restaurant. The team will work with you on the store layout, design, and finishes, as well as help educate you on the best practices in designing and building a Hooters restaurant. The team will also help connect you with our approved vendors for the various materials, furniture, fixtures and equipment needed to construct a Hooters restaurant that meets HOA Franchising, LLC standards.

Where are the Hooters located?

Hooters of America, LLC is the Atlanta-based operator and franchiser of over 430 locations in 28 countries. The privately held corporation also owns and operates 205 locations itself.#N#The first Hooters opened October 4, 1983, in Clearwater, Florida. The Original Six founders were quickly detained for impersonating restaurateurs, but fortunately for America, they were soon allowed to go about their business. During its history, the Hooters concept has remained true to its roots. The current logo, uniform, menu and ambiance are all very similar to what existed in the original store, albeit with some 21st century enhancements. This consistency is understandable given Hooters continued success and high ranking amongst the industry's growth leaders.#N#The casual beach-themed establishments feature music, sports on large flat screens, and a menu that includes seafood, sandwiches, burgers, salads, and of course, Hooters original chicken wings. Others have arrived, departed, and even flat out copied our formula, but we remain the genuine original.

What is franchise development?

The Franchise Development Team will also provide guidance and support during your site procurement for your Hooters location.

What is a franchise business development manager?

Our Franchise Business Development Manager (s) provide ongoing business consulting and operations support for our franchisees. These veteran restaurant operations professionals provide valuable assistance in all aspects of the Hooters Restaurant operation and will become the primary day to day contact for a franchisee once they open their restaurant.

How much does a Hooters franchise make?

Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.

When did they begin franchising?

They began franchising in 1986. The average Bar and Grill franchise began franchising in 2009.

Are there any Hooters franchise opportunities near me?

Based on 2016 FDD data, Hooters has franchise locations in 22 states. The largest region is the South with 48 franchise locations.

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