Krieger's vs Hooters Franchise Comparison

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

Start-Up Costs and Fees
 
Krieger's Franchise
Hooters Franchise
Investment $450,000$956,500 - $4,275,000
Franchise Fee $30,000$75,000
Royalty Fee 5%5%
Advertising Fee -2.5%
Year Founded 19911983
Year Franchised 20021986
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Krieger's Franchise
Hooters Franchise
Experience
  • General business experience
  • Management expertise
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    Financing Options
     
    Krieger's Franchise
    Hooters Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/Yes
    Payroll No/Yes-/Yes

    Training & Support
     
    Krieger's Franchise
    Hooters Franchise
    Training - On-The-Job Training: Varies Classroom Training: Varies
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection
    Marketing Co-op advertising, Ad slicks, Regional advertisingAd Templates National Media Regional Advertising Social media Website development Loyalty program/app
    Operations 85% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

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    Expansion Plans
     
    Krieger's Franchise
    Hooters Franchise
    US Expansion YesNo
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Krieger's

    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