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Wednesday, February 10, 2010

Hooters for Sale

The restaurant, that is. Seems sales are sagging.
Some analysts estimate the chain might fetch more than $250 million despite the bumpy business climate. Hooters' 450 owned and franchised restaurants, which are as far-flung as Australia and China, racked up more than $1 billion in sales in 2008, according to Technomic, a food-industry research firm.
Nevertheless, insiders said Hooters appears to be strapped financially. The chain's comparable sales lately have suffered steep declines, according to one source, as the hobbled economy has deflated appetites for Hooters' burgers-and-babes fare.
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3 comments:

  1. AndyFebruary 10, 2010 at 4:41 PM

    Jim, I have NEVER been to a Hooters Restaurant. I've been near many of them when I was hungry...Gulf Shores, Jackson, The Boardwalk, etc.

    But when I'm haaaawngry, I don't want to be distracted. The Mrs. is distracting enough...

    ReplyDelete
  2. JimFebruary 10, 2010 at 5:40 PM

    I'm sure she is. I'll bet she would really be distracting if you were in Hooter's looking at, well, them things that Hooter's is known for . . .

    ReplyDelete
  3. AndyFebruary 11, 2010 at 7:14 AM

    Nyuk! Yep, more than likely, Jim...more than likely... Thanks for the chuckle this am.

    ReplyDelete

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