Hooters Franchise

Start a Hooters Franchise

If you're looking to invest in a dynamic and well-recognized brand, becoming a Hooters franchisee could be the opportunity you've been waiting for. Known for its beach-theme restaurants, lively atmosphere, and famous Hooters Girls, Hooters offers a unique and enjoyable dining experience.

About Hooters

The first Hooters restaurant opened in Clearwater, Florida in 1983. Since then, the brand has flourished, offering a fun sports bar environment featuring:

• Seafood, sandwiches, burgers, salads, and chicken wings
• A wide selection of alcoholic beverages
• Entertainment with sports displayed on flat-screen TVs

Founded in 1983, Hooters began franchising in 1986 and now operates numerous locations worldwide under its parent company, Hooters of America LLC.

Franchise Overview

With 367 units in operation as of 2023, Hooters has established itself as a leader in the sports bar and restaurant industry. Here’s what you need to know about joining the Hooters franchise family:

Investment Information

• Initial Franchise Fee: $75,000
• Initial Investment: $1,258,300 - $4,100,000
• Net Worth Requirement: $1,500,000 - $2,000,000
• Cash Requirement: $650,000 - $1,000,000

These costs cover various startup expenses such as real estate, equipment, and working capital necessary to get your business up and running.

Ongoing Fees

• Royalty Fee: 5% of gross sales
• Advertising Fee: 2% of gross sales

The royalty and advertising fees contribute to the ongoing support and marketing efforts that help maintain brand consistency and drive customer traffic.

Training & Support

Hooters provides comprehensive training programs and continuous support to ensure your success. New franchisees can expect:

• On-The-Job Training: 582-635 hours
• Classroom Training: 165 hours

Additionally, you will receive ongoing support through purchasing co-ops, newsletters, meetings and conventions, and more.

Marketing Support

To help drive traffic to your location, Hooters provides extensive marketing support including:

• Co-op advertising
• National media campaigns
• Social media strategies
• SEO and loyalty programs

Financing Options

Hooters has relationships with third-party sources that offer financing to cover the franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll.

Franchise Terms

The franchise agreement term is 10 years with an option to renew. Exclusive territories are available, ensuring no other Hooters franchise operates within your designated area.

Veteran Incentives

As a token of appreciation, Hooters offers veterans a 10% discount on the franchise fee.

Key Takeaways

• Initial Investment: $1,258,300 - $4,100,000
• Franchise Fee: $75,000
• Net Worth Requirement: $1,500,000 - $2,000,000
• Royalty Fee: 5% of gross sales
• Advertising Fee: 2% of gross sales
• Veteran Incentives: 10% off franchise fee

With ongoing training, extensive marketing support, and a recognizable brand, Hooters offers a compelling franchise opportunity. If you are ready to join a thriving brand, take the next step today! Download the franchise disclosure document or fill out the free information request form on this page.