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. 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. There are Hooters locations in 44 US states, the US Virgin Islands, Guam, and in 28 other countries.
Financial Requirements for Hooters Franchise
Initial investments: $956,500 - $4,275,000
Net-worth Requirement: $2,500,000 - $3,000,000
Liquid Cash Requirement: $1,500,000
Initial Franchise Fee: $75,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 2%
On-The-Job Training: 942 hours
Classroom Training: 64.5 hours
Hooters website: www.hooters.com
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