Hulk Hogan’s Real American Beer leading ‘full bid’ for Hooters restaurants

Following a current report from Enterprise Insider, Hulk Hogan’s Actual American Beer has confirmed they’re main a “full-scale bid” to accumulate all of Hooters of America, together with restaurant operations.

Per the assertion launched to Wrestleview from Actual American Beer:

Previously month, the Actual American workforce has assembled a powerhouse group with deep expertise in restaurant ops, actual property, model advertising and marketing, and franchise development. That is not about preserving nostalgia, it’s about unlocking the subsequent period for considered one of America’s most iconic manufacturers.

Key factors:

Hooters filed for Chapter 11 in March with $376M in debt.

Actual American’s bid features a full operational rebuild: merchandise, actual property, and digital media included.

The workforce is targeted on reigniting relevance with youthful audiences and shifting the narrative round informal eating.

The bid places Hogan & workforce in direct competitors with a proposal from Hooters Inc., led by one of many chain’s authentic cofounders.

CEO Terri Francis stated it finest: “This isn’t about preserving nostalgia. It’s about unlocking Hooters’ subsequent period of development.”

The information comes after the beverage firm connected to the WWE Corridor of Famer was reportedly submitting a bid to accumulate the mental property of the restaurant chain.