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Hooters

Hooters Franchise For Sale

Hooters has continued to rank high amongst the industry's growth leaders.

Financial Info (Click to Toggle)

Investment Range: $9,500 Franchise Units: 500+
Franchise Fee: $9,500 Financing Available: Yes
Liquid Capital: $9,500 Training & Support: Yes

Brochure

 

The concept of the Hooters chain is simple, and since its inception over 20 years ago, Hooters has changed very little. Even the menu, along with the general ambience, has not changed that much from the environment of the original location. There is good food, attractive service personnel, and a sufficiently fraternal environment that patrons can enjoy themselves in. This gives franchisees the advantage of starting out with a dependable design solution, and a reliable theme that keeps the customers coming back.
Since first opening in Clearwater, Florida in 1983 this has enjoyed international success. With more than 375 store locations all over the United States, Hooters is also proud to boast locations in Brazil, Argentina, Chile, Austria, Canada, England, Guatemala, Aruba, Mexico, Switzerland, Taiwan, Singapore and Venezuela. (Out of these stores, only 118 are owned by the Hooters Corporation). Yet no matter where in the world a Hooters club is found, the logo will appear the same as it did in the early eighties. It is intended to keep the word "hooters" ambiguous - whether it means female breasts or the sound an owl makes at night is the source of constant, publicity-driving debate among many patrons and non-patrons alike. Nevertheless, no one will argue that in addition to the classic jukebox music, the great food and the beer and wine, there is a palpable sex appeal that will practically assure any franchisee a dedicated customer base. Of course, it should also be mentioned that females are employed at all levels of management, and that the Hooters encourages qualified franchisees to apply, whether they are male or female.
Unfortunately for prospective franchisees seeking to set up Hooters within the United States, the domestic market is already saturated. However, there are quite a few market opportunities abroad. Currently, Hooters Corporation is actively looking to develop markets in Finland, Norway, Poland, Scotland, South Africa, Benelux, Austria, Australia, Iceland, Southern China/Hong Kong, Ireland, Spain, Czech Republic, Japan, Switzerland and Denmark, New Zealand and England. In Canada, regions of prioritized development include Newfoundland, Quebec and the Maritimes. In addition, there are multi-territory opportunities available in France, Germany and Italy. For those who are interested in developing a country that is not mentioned here, it is advisable to contact the company directly, as Hooters has not priorities countries that are not included among those mentioned above.
The requirements for prospective Hooters franchisees are fairly straightforward, although not the easiest compared to other franchise options. The person applying must be willing and excited about developing anywhere from three to five Hooters locations within his or her specified market area. In addition to this, the location must be populated by more than 100,000 inhabitants, and preferably more than 500,000. One of the more defining requirements is that the franchisee prove the accessibility of more than $3 million in assets that are liquid. Backing him or her up should be at least 5 years of experience as either an owner or an operator of a restaurant that had more than one unit.
Franchising
Ability to develop 3-5 restaurants within your territory.
A restaurant location with at least 100,000-150,000 people within a five mile radius.
$2 million in liquid assets.
At least 5 years as a multi-unit restaurant owner / operator.
Initial Investment:
Franchise fee of US$75,000 U.S. per location.
Option fee of US$15,000 U.S. for each additional restaurant option within a territory.
The initial investment is estimated to be US$800,000 to US$1,500,000 for each restaurant.

 

Hooters Logo

About Us

The concept of the Hooters chain is simple, and since its inception over 20 years ago, Hooters has changed very little. Even the menu, along with the general ambience, has not changed that much from the environment of the original location. There is good food, attractive service personnel, and a sufficiently fraternal environment that patrons can enjoy themselves in. This gives franchisees the advantage of starting out with a dependable design solution, and a reliable theme that keeps the customers coming back.

Since first opening in Clearwater, Florida in 1983 this has enjoyed international success. With more than 375 store locations all over the United States, Hooters is also proud to boast locations in Brazil, Argentina, Chile, Austria, Canada, England, Guatemala, Aruba, Mexico, Switzerland, Taiwan, Singapore and Venezuela. (Out of these stores, only 118 are owned by the Hooters Corporation). Yet no matter where in the world a Hooters club is found, the logo will appear the same as it did in the early eighties. It is intended to keep the word "hooters" ambiguous - whether it means female breasts or the sound an owl makes at night is the source of constant, publicity-driving debate among many patrons and non-patrons alike. Nevertheless, no one will argue that in addition to the classic jukebox music, the great food and the beer and wine, there is a palpable sex appeal that will practically assure any franchisee a dedicated customer base. Of course, it should also be mentioned that females are employed at all levels of management, and that the Hooters encourages qualified franchisees to apply, whether they are male or female. Hooters Exterior

Unfortunately for prospective franchisees seeking to set up Hooters within the United States, the domestic market is already saturated. However, there are quite a few market opportunities abroad. Currently, Hooters Corporation is actively looking to develop markets in Finland, Norway, Poland, Scotland, South Africa, Benelux, Austria, Australia, Iceland, Southern China/Hong Kong, Ireland, Spain, Czech Republic, Japan, Switzerland and Denmark, New Zealand and England. In Canada, regions of prioritized development include Newfoundland, Quebec and the Maritimes. In addition, there are multi-territory opportunities available in France, Germany and Italy. For those who are interested in developing a country that is not mentioned here, it is advisable to contact the company directly, as Hooters has not priorities countries that are not included among those mentioned above.

The requirements for prospective Hooters franchisees are fairly straightforward, although not the easiest compared to other franchise options. The person applying must be willing and excited about developing anywhere from three to five Hooters locations within his or her specified market area. In addition to this, the location must be populated by more than 100,000 inhabitants, and preferably more than 500,000. One of the more defining requirements is that the franchisee prove the accessibility of more than $3 million in assets that are liquid. Backing him or her up should be at least 5 years of experience as either an owner or an operator of a restaurant that had more than one unit.


Franchising

  • Ability to develop 3-5 restaurants within your territory.
  • A restaurant location with at least 100,000-150,000 people within a five mile radius.
  • $2 million in liquid assets.
  • At least 5 years as a multi-unit restaurant owner / operator.

Initial Investment:

  • Franchise fee of US$75,000 U.S. per location.
  • Option fee of US$15,000 U.S. for each additional restaurant option within a territory.
  • The initial investment is estimated to be US$800,000 to US$1,500,000 for each restaurant.

 

 

Fees

Investment & Financial Info

Financial Information
Name Value
Liquid Capital: $9,500
Franchise Fee: $9,500
Franchise Units: 500+
Financing Available: Yes
Training & Support: Yes

All financial information is provided by the franchise, business opportunity, business for sale or other advertiser, and that information is relied entirely on for the truthfulness and accuracy of the information provided.


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