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Hooters

Franchise

Hooters first opened in 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 do not serve liquor.

Facts & Figures

Liquid capital required
$800,000
Investment
$800,000 - $1,500,000
Franchise fee
$75,000

Overview

To open a location, you should have $800,000 available as liquid capital. The lowest you can expect to invest is $800,000 if you want to become a franchisee. The most the franchisor could ask you to invest is $1,500,000 if you want to become a franchisee. New franchisees pay Hooters a franchise fee of $75,000.

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