Restaurant & QSR Expansion Report

Five New Hooters for S. Florida……

Hooters of America LLC has entered into a development agreement with Wings of South Florida LLC to open five new Hooters restaurants to South Florida over the next six years. The first is slated to open in June 2016. Wings of South Florida is managed by longtime Hooters operator LTP Management, which currently manages 17 Hooters locations throughout South Florida. “We are really excited about this new agreement,” said CEO Terry Marks. “The LTP Management leadership team was instrumental to Hooters early success in the 1980s and has operated the concept at the highest level ever since.”  The new locations will incorporate the chain’s latest design features along with newly contemporized elements.  The centrally located bar features an expanded array of cocktails and draught beers and comfortable seating options and top-of-the-line AV packages create an ideal atmosphere for watching all the games and for just about any occasion.  After launching a successful new prototype in 2013, Hooters has accelerated its pace of development and plans to open more than 150 new locations over the next five years. The majority of the new units will be franchised through a combination of current and new owner/operators. Recently the company announced that the world’s largest Hooters will open this Summer in the Palms Casino Resort in Las Vegas. In recent months, Hooters has added new company-owned locations in Douglasville in Georgia, and Morehead City in North Carolina. Opportunities still remain for qualified franchise partners to open new locations in select markets in the U.S. and internationally. Hooters of America is the franchisor and operator of more than 400 Hooters restaurants in 42 states and 26 countries. The restaurants feature a full sports bar-style menu that features its Hooters Style chicken wings served up by the Hooters Girls.


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CATEGORY:  Casual beach-themed sports bar

Chain Name:  Hooters

Company Name: Hooters of America LLC

Street Address:  1815 The Exchange Se, Atlanta, Georgia 770/951-2040

Tel: 866/225-4668 & 770/951-2040     Fax: 770/618-7032

Email: [email protected]  & [email protected]  Website: www.hooters.com  

Menu Specialty: Menu includes seafood, sandwiches, burgers, salads and the Hooters original chicken wings in addition to an ice-cold beer selection and an expanded beverage menu that includes a variety of specialty drinks, wine and cocktails all served by the Hooter Girls.

Introduced: The first Hooters opened on October 4th, 1983 in Clearwater, Florida.

No. of Locations:  Presently there are over 430 Hooters locations in 28 countries.  About 160 locations are corporately owned.

Areas of Operation:  Worldwide

Types of Location:  Freestanding, Pads, etc.

BusinessType (corp., franchise, jv): Corporate & Franchises 

Size Req’d: Minimum building of 5500 sq.ft. on 1.5-acres

Special Requirements (patio, drive-thru, etc):  Minimum 80 parking stalls, visibility, signage, access with traffic of at least 30,000 vehicles per day. Strong retail synergy within 0.5 miles and within one mile of other traffic generators such as regional malls, theatres, sporting venues, etc. At least 100,000 population in the immediate trade area and median income of $50,000 and higher in the trade area.

Contact Name:  Terry Marks – CEO
Matt Wickesberg – CFO
Claudia Levitas – Chief Legal Officer, General Counsel
Jim Parrish – COO
Terri Hoskins – Chief Human Resources Officer
Chris Duncan – Chief Information Officer

REAL ESTATE REPRESENTATIVES:

FRANCHISE REPRESENTATIVES:

PARENT COMPANY: Hooters of America LLC, Atlanta, Georgia

Related Chains: 

Last Report:  Restaurant & QSR Expansion Report #137  Last Update:

NOTES, NAMES & NUMBERS:

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CATEGORY:   Casual beach-themed sports bar

Chain Name:  Hooters

Company Name:  Wings of South Florida LLC (Franchisee)

Street Address:   436 S. Andrews Ave., Fort Lauderdale, Florida 33301-2830 

Tel: 954/766-8197   Fax:

Email:                                             Website: www.ltpmanagement.com    

Menu Specialty: Menu includes seafood, sandwiches, burgers, salads and the Hooters original chicken wings in addition to an ice-cold beer selection and an expanded beverage menu that includes a variety of specialty drinks, wine and cocktails all served by the Hooter Girls.

Introduced: 

No. of Locations:  LTP Management currently manages 17 Hooter locations throughout South Florida

Areas of Operation:  South Florida

Types of Location: Freestanding, Pads, etc.

BusinessType (corp., franchise, jv): Corporate 

Size Req’d: Minimum building of 5500 sq.ft. on 1.5-acres

Special Requirements (patio, drive-thru, etc):  Minimum 80 parking stalls, visibility, signage, access with traffic of at least 30,000 vehicles per day. Strong retail synergy within 0.5 miles and within one mile of other traffic generators such as regional malls, theatres, sporting venues, etc. At least 100,000 population in the immediate trade area and median income of $50,000 and higher in the trade area.

Contact Name: Paul Lynch – Partner, Vice President

REAL ESTATE REPRESENTATIVES:

FRANCHISE REPRESENTATIVES:

PARENT COMPANY: LTP Management, Fort Lauderdale, Florida

Related Chains: 

Last Report: Restaurant & QSR Expansion Report #137  Last Update:

NOTES, NAMES & NUMBERS:

 

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