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Hooters first opened on October 4, 1983, in Clearwater, Florida. During its history, the Hooters concept has undergone very little change. The current logo, uniform, menu, and ambiance are all very similar to what existed in the original store. The casual beach-theme establishments feature "oldies" jukebox music, sports on television, and a menu that includes seafood, sandwiches, salads, and spicy chicken wings. Hooters, system-wide, generates and averages 72% of its sales from food, 5% from merchandise, and 23% from beer and wine. Notably, most Hooters does not serve liquor. More about the cost of owning a Hooters franchise is below.
Liquid capital required
|
$800,000
|
Investment
|
$800,000 - $1,500,000
|
Franchise fee
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$75,000
|
₱800,000 is required in available capital if you want to become a Hooters 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.
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