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Wrestling Legend Interested In Purchasing Hooters Restaurant

  • Wrestling legend Hulk Hogan's company Real American Beer submitted an all-cash bid to acquire Hooters' intellectual property on May 16, 2025.
  • In March 2025, Hooters sought bankruptcy protection under Chapter 11 to reorganize its financial obligations after enduring several difficult years, including the impact of the COVID-19 pandemic, which has drawn Real American's interest in acquiring the brand.
  • Real American Beer intends to revitalize Hooters by expanding its offerings into merchandise, online media, interactive entertainment, and other experiences to attract younger consumers while maintaining the brand's distinctly American character.
  • Hooters, founded in Clearwater, Florida—Hogan's hometown—is known for its wings and trademark servers and continues operation during bankruptcy restructuring.
  • If approved, the bid could revitalize Hooters’ brand relevance and expand Real American's lifestyle platform emphasizing patriotism and entertainment without acquiring restaurant locations.
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TMZ broke the news in Los Angeles, United States on Friday, May 16, 2025.
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