hoots

hoots

Information based on 2023 FDD

Food & Beverage · Fast Casual

Investment min
$415K
Total: $415K–$1M
Avg gross revenue
N/A
Unit-level, 2023
Franchise fee
$30K
Per current disclosure
Royalty
5%
of gross revenue
Locations
12
Franchising since 2020

Description

What is hoots?

hoots is an innovative fast-casual dining concept that brings the legendary flavors of Hooters to a streamlined, modern setting. Launched in 2019, hoots has reimagined the traditional wing restaurant experience by focusing on quality food, quick service, and convenience without compromising on taste.

At hoots, customers can enjoy the same world-famous wings and signature sauces in a casual, family-friendly atmosphere. The menu features perfectly crafted wings available in multiple styles – traditional, breaded, smoked, or grilled – complemented by an impressive array of house-made sauces ranging from classic buffalo to unique flavors like honey Thai chili and blue glaze. Beyond wings, the menu includes crispy chicken sandwiches, fresh seafood options, and craveable sides like their popular funnel fries and fried pickles.

What sets hoots apart is their commitment to efficiency and accessibility. The streamlined ordering process, whether through user-friendly kiosks or friendly counter service, ensures a quick, convenient experience perfect for both dine-in and takeout customers. Each location maintains high standards of cleanliness and food quality, with items prepared fresh to order.

The brand has earned a loyal following for delivering consistent, high-quality food with exceptional customer service. Their smaller footprint and focused menu allow them to maintain the beloved flavors of their parent brand while offering a more casual, accessible dining experience. Perfect for lunch breaks, family dinners, or game-day takeout, hoots represents the evolution of casual dining – maintaining the soul of a classic while meeting the demands of modern customers.
  • Hooters brand recognition and heritage
  • Ground floor franchise opportunity
  • Comprehensive training and support infrastructure
  • Diverse menu beyond traditional wings
  • Mobile app rewards program integration
  • Proven quick-service operational model

Location Analysis

Where hoots wins

Founded in 2019, hoots has rapidly expanded to numerous locations across multiple states, demonstrating significant growth in just a few years. The franchise shows particularly strong presence in North Carolina and Illinois, with notable concentrations in Michigan and Missouri. Customer satisfaction is notable, maintaining a 4.32 average rating across thousands of reviews, indicating consistent service quality across their expanding network.

The franchise's geographic distribution reveals a strategic focus on the Southeast and Midwest regions, with emerging presence in the Southwest and both coasts. Their expansion pattern suggests successful adaptation to diverse market conditions, from dense urban areas to suburban communities. The significant market presence in states like North Carolina, Illinois, and Michigan indicates strong market acceptance in areas with mixed demographic profiles and varied dining preferences.

Potential franchisees should consider opportunities in mid-sized markets within existing strong-performing states, particularly in areas that bridge current location clusters. The brand's proven success across different regions suggests viable expansion potential in markets with similar characteristics to their current high-performing locations. Ideal sites should feature high visibility, strong daytime population density, and proximity to both commercial and residential areas. The sample location in Henderson County, North Carolina, exemplifies their approach to market selection with its excellent customer ratings.
Total US locations
14
Franchise units
12
Corporate locations
2
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind hoots

Avg gross revenueN/A
Investment range$414,500 – $1,132,000
Investment midpoint$773,250
Brand fund2%
Royalty5%
Franchise fee$30,000
Min. net worth
Min. liquid capital
Hoots requires an investment range of $414,500 to $1,132,000, positioning it slightly above the fast casual sub-sector average minimum but significantly higher on the maximum end compared to the $406,514 to $894,151 sub-sector range. This premium investment level reflects the brand's association with the established Hooters concept and comprehensive operational infrastructure.

The fast casual wing segment benefits from strong consumer demand, with Americans consuming over 1 billion wings during Super Bowl alone according to The National Chicken Council. However, Hoots faces the challenge of being a relatively new franchise system established in 2019 with only 14 units currently operating, indicating limited operational track record compared to mature competitors.

The franchise system's youth presents both opportunity and risk considerations. While investors can enter at the ground floor of a potentially disruptive concept backed by Hooters' brand recognition, the limited unit count suggests unproven scalability at franchise level. The brand emphasizes simplified operations and comprehensive training infrastructure, which may appeal to first-time franchisees.

Ideal investors should possess substantial liquid capital given the higher investment threshold, with restaurant or food service experience beneficial but not necessarily required given the operational support structure. The franchise appears suited for entrepreneurs seeking brand recognition advantages in high-traffic locations where the Hooters association provides marketing leverage. Prospective investors should carefully review the FDD to understand territory rights, ongoing fees, and operational requirements before making investment decisions.
Did you know? Did you know that launching your own hoots franchise - the popular wing restaurant known for its sports bar atmosphere and signature sauces - requires a total investment ranging from $414,500 to $1,132,000, which covers everything from the $30,000 franchise fee to equipment, build-out costs, and working capital needed to get your location serving up those famous wings to hungry customers?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$415K–$1M
Most common
$414,500
Minimum
$773,250
Midpoint
$1,132,000
Maximum

Per FDD Item 7, total initial investment ranges from $414,500 to $1,132,000. The midpoint $773,250 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

+100% YoY
201612840
2018
2019
2020
2021
2022
2023
14 units open as of 2023 FDD+7 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for hoots's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a hoots franchise typically ranges between $414,500.00 and $1,132,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

hoots
hoots
N/A avg revenue · 12+ US franchises

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