Hooters vs Wimpys Diner Franchise Comparison

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

Start-Up Costs and Fees

 
Hooters Franchise
Wimpys Diner Franchise
Investment $956,500 - $4,275,000$250,000 - $500,000
Franchise Fee $75,000$30,000
Royalty Fee 5%4%
Advertising Fee 2.5%2%
Year Founded 19831988
Year Franchised 19861992
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hooters Franchise
Wimpys Diner Franchise
Experience --

Financing Options

 
Hooters Franchise
Wimpys Diner 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

 
Hooters Franchise
Wimpys Diner 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

 
Hooters Franchise
Wimpys Diner Franchise
US Expansion NoYes
Canada Expansion -Yes
International Expansion Yes-

Company Overviews

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

About Wimpys Diner

Wimpy's Diner is a full menu Diner Style Restaurant chain with a nostalgic 50's and 60's atmosphere, serving Famous Burgers, Home style breakfast, Lunch, Dinner specials and other generously portioned entrees. Due to great public interest, the projected mark for the total number of stores in Southern Ontario was already surpassed by early 1997, thus creating the "WIMPY'S" trademark, which was issued in January of the same year. Wimpy's Diner Inc. is the licensing company for Wimpy's Diner chain.