rebelracewriter Posted February 11, 2010 Report Share Posted February 11, 2010 Maybe the government will bail them out(talk about a stimulus package)....or can someone loan me $250M....PLEASE Hooters For Sale Restaurant chain, Hooters is shopping itself around for an undisclosed amount but which is estimated to be by analysts the Post talked to in the $250 Million dollar range, According to the New York Post, The Post claims that the Hooters Casino and Hotel in Las Vegas could be to blame for the company’s financial woes. According to the newspaper, the Las Vegas development was recently in default on $144.5 million in long-term debt. Says the Post: “Hooters has recently shopped itself to a number of private-equity firms as sales have sagged with the recession, sources said. The closely held company, meanwhile, is in advanced talks with a Connecticut-based investor that has been granted certain rights of refusal on any potential transaction, according to one source.” Hooters of America, Inc. is the Atlanta-based operator and franchiser of over 450 Hooters locations in 43 states in the United States and more than two dozen countries including spots in Canada.. The restaurant chain, which trades on female sex appeal, owns 122 units. Quote Link to comment Share on other sites More sharing options...
tps48 Posted February 11, 2010 Report Share Posted February 11, 2010 Man, I leave the country for a while and things just go to hell! Quote Link to comment Share on other sites More sharing options...
REBELRACER Posted February 11, 2010 Report Share Posted February 11, 2010 as sales have sagged with the recession, now that's ironic there. hahaha. i hope they can get it together and stay open. the food is mediocre but you can beat the ambiance. lol Quote Link to comment Share on other sites More sharing options...
lenny66 Posted February 11, 2010 Report Share Posted February 11, 2010 I'll take a small "government loan" and open a Hooters near THR. That way we have a safe place to visit before & after the races. Lenny66 Quote Link to comment Share on other sites More sharing options...
CuttingEdgeRacing Posted February 11, 2010 Report Share Posted February 11, 2010 Man, I leave the country for a while and things just go to hell! I wouldn't have come back. Quote Link to comment Share on other sites More sharing options...
RobbinsSr Posted February 11, 2010 Report Share Posted February 11, 2010 I'll take a small "government loan" and open a Hooters near THR. That way we have a safe place to visit before & after the races. Lenny66 Now your talking! Quote Link to comment Share on other sites More sharing options...
Mel Posted February 11, 2010 Report Share Posted February 11, 2010 as sales have sagged with the recession, now that's ironic there. hahaha. i hope they can get it together and stay open. the food is mediocre but you can beat the ambiance. lol I guess we can blame this on George Bush also. Quote Link to comment Share on other sites More sharing options...
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