Hooters files for bankruptcy. How many Hooters are left in Ohio, NKY? What we know
Restaurant chain Hooters filed for Chapter 11 bankruptcy protection on Monday. Despite its $376 million debt, the company assures customers that Hooters is "here to stay."
Hooters plans to sell 151 of its corporate-owned restaurants to a buyer group that already operates 30 of its U.S. locations. A U.S. bankruptcy judge must first approve the transaction, USA TODAY reports. Factors such as inflation, high labor costs and fewer customers have been said to contribute to the chain's challenges, and other casual dining restaurants like Red Lobster and TGI Fridays have also felt the pressure.
Here's what we know about the restaurant's future in Ohio and Kentucky.
The company has no plans to close Hooters locations amid the bankruptcy filing and said in a news release that it will continue to "operate in a business-as-usual manner during its chapter 11 cases."
'Our renowned Hooters restaurants are here to stay,' said Hooters of America CEO Sal Melilli. The chain says that as it completes the Chapter 11 bankruptcy process, all Hooters locations will be franchisee-owned. Hooters said it plans to exit bankruptcy in about three to four months after completing its transaction deal with a buyer group.
Ohio has four Hooters locations as well as two others nearby in Northern Kentucky, per the website's locations list.
Dayton: 6851 Miller Lane
Mason: 9890 Escort Drive
Springdale: 12185 Springfield Pike
Toledo: 4782 Monroe St. Toledo
Newport: 301 Riverboat Row
Florence: 7200 Houston Road
There are more than 300 total Hooters locations in the U.S., including 151 owned and operated by the company itself and a separate 154 operated by franchisees.
This article originally appeared on Cincinnati Enquirer: Hooters files for bankruptcy. How many are in Ohio and NKY? What we know
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