Hooters is going BUST! The restaurant know for big tit waitresses serving chicken wings in tight tops and orange shorts announced they have filed for bankruptcy on Monday.
Sales must have sagging – something that naturally happens with age.
The company plans to sell all of its 100 company-owned restaurants to two franchisee groups that operate Hooters locations in the Tampa, Florida, and Chicago areas.
However, the bankruptcy filing doesn’t mean the restaurants will disappear as they filed for Chapter 11 bankruptcy protection in a Texas court, which is a common route for struggling companies hoping to solve their financial problems through reorganization.
Hooters said it will continue to operate its business as usual for now.
“For many years now, the Hooters brand has been owned by private equity firms and other groups with no history or experience with the Hooters brand,” Kiefer, the CEO of franchisee group Hooters Inc. said in a press release.
Kiefer said that the founder-led buyout will allow the brand to go “back to its roots,” and the restaurant emphasized that, “Our renowned Hooters restaurants are here to stay.”
He also said that the turnaround plan includes making the chain more family friendly.
The roots of Hooters is family friendly?
Hooters’ reputation has always been way more salacious than the reality. The tank tops aren’t skimpy at all. The shorts might be short, but they’re wearing opaque tights underneath so they’re actually more covered than a woman in yoga pants. Very few of the waitresses are actually attractive. It’s been family friendly for years, and that’s really the problem. You go there because you think you’re going to get a show, and all you get is shitty food. No wonder they’re bankrupt.
LMAO! So the reason to the decline is being too family friendly and their sollution to the problem is to become even MORE family friendly.
People take their *family* to Hooters!? I mean, seriously.