Taechang Family vs Hooters Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taechang Family vs Hooters including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Taechang Family Franchise
Hooters Franchise
Investment N/A$956,500 - $4,275,000
Franchise Fee N/A$75,000
Royalty Fee -5%
Advertising Fee -2.5%
Year Founded 19991983
Year Franchised 19991986
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Taechang Family Franchise
Hooters Franchise
Experience --

Financing Options

 
Taechang Family Franchise
Hooters Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Taechang Family Franchise
Hooters Franchise
Training - On-The-Job Training: Varies Classroom Training: Varies
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing -Ad Templates National Media Regional Advertising Social media Website development Loyalty program/app
Operations --

Expansion Plans

 
Taechang Family Franchise
Hooters Franchise
US Expansion -No
Canada Expansion --
International Expansion -Yes

Company Overviews

About Taechang Family

About Hooters

There are no franchise opportunities available in the United States. Every region has been sold and our franchisees are not allowed to sub-franchise. International Hooters of America has franchise opportunities in the following countries: * Baltic States * Belorussia * Benelux * Bolivia * Bulgaria * Canada (Newfoundland) * Czech Republic * Denmark * Dominican Republic * Ecuador * Finland * France (multi-territory) * Hungary * Iceland * Italy (multi-territory) * Netherlands * Norway * Poland