Hooters of America has filed a tuning in Texas, while he is trying to face $ 376 million (291 million pounds sterling) by selling all of its restaurants belonging to a company to a group supported by its founders.
The company currently has and operates directly 151 restaurants, with 154 others operated by franchisees, mainly in the United States.
The company said that its restaurants, which serve classic American bar food, will remain open during the process and operate “in a way that is used to a business”.
Like many other relaxed restoration chains, Hooters has struggled in recent years because it faces the increase in costs and wages, as well as customers who spend less.
“Our renowned Hooters restaurants are there to stay,” said Sal Melili, managing director of Hooters of America, in a statement.
“Today’s announcement marks an important step in our efforts to strengthen the Hooters financial foundation.”
The firm said that it was planning to sell all its restaurants belonging to companies to a group of two existing franchisees from Hooters, who operate 14 most popular areas of the Hooters, around Tampa, Florida and Chicago, Illinois.
The group includes some of the founders of the chain, who promised to bring the business “to its roots” and make it more family.
Hooters has not revealed the value of the planned agreement, which must still be approved by a bankruptcy judge in the United States.
He said the rescue plan should be completed in the next four months.
Hooters was founded in 1983 and is known for its service staff, who are mainly young women – known as “Hooters Girls” – as well as its chicken wings.
The adjusted outfits carried by its pending staff have become at the heart of the chain’s public image.
