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Hooters

Financing

Bankrupt Hooters kicks off comeback under new owners

 By Joe Guszkowski on Nov. 03, 2025

A pair of franchisees, including the breastaurant chain’s original founders, have acquired what was left of Hooters of America with plans to “re-Hooterize” the brand with menu upgrades and more modest uniforms.

Financing

Hulk Hogan's Real American Beer brand is trying to buy Hooters

 By Joe Guszkowski on Jun. 18, 2025

The former WWE wrestler’s fledgling beer company is reportedly planning a bid for the bankrupt breastaurant chain, although Hooters already has another buyer lined up.

Financing

Hooters closes about 30 more locations following bankruptcy

By Joe Guszkowski on Jun. 05, 2025

The closures leave the casual-dining breastaurant chain with about 200 U.S. locations as it prepares for a sale to a pair of franchisees.

Financing

In Hooters, another example of private-equity excess

By Jonathan Maze on Apr. 21, 2025

The Bottom Line: The casual-dining chain’s owners loaded the company up with too much debt coming out of the pandemic. The result was a predictable bankruptcy.

Financing

The rise, fall and (possible) rebirth of Hooters

By Joe Guszkowski on Apr. 18, 2025

America’s first breastaurant chain started as a joke and then became a juggernaut. Now, forced into bankruptcy by debt, inflation and some questionable decisions, it is hoping for a second chance, back where it all began.

Financing

How Hooters' founders plan to fix the brand

By Joe Guszkowski on Apr. 04, 2025

The group that created the casual-dining breastaurant chain will soon reclaim more than 100 locations out of bankruptcy. On the agenda: Better food and longer shorts.

Financing

Hooters of America declares bankruptcy

By Jonathan Maze on Mar. 31, 2025

The venerable casual-dining chain plans to sell its company restaurants to two existing franchisees, including the company run by the brand's founders.

Financing

Hooters founders reportedly plan to take control of the struggling chain

By Joe Guszkowski on Mar. 27, 2025

HMC Hospitality, the operator of Original Hooters restaurants, is plotting to rescue the larger Hooters of America through a bankruptcy filing, Bloomberg reported.

Marketing

Hooters to settle NASCAR sponsorship dispute for $900K

By Joe Guszkowski on Mar. 25, 2025

The struggling casual-dining chain had backed Chase Elliott’s car for years but stopped paying its dues last March, according to a lawsuit filed by Hendrick Motorsports.

Financing

Hooters is reportedly preparing a bankruptcy filing

By Joe Guszkowski on Feb. 21, 2025

The casual-dining chain has hired a law firm to prepare a filing, Bloomberg reported. The chain has been struggling for years.

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