Hulk Hogan may just be saving Hooters.
The iconic restaurant filed for Chapter 11 bankruptcy back in March, but going out of business never appeared to be an option.
In a press release published at the time, Hooters explained that it had entered into a restructuring support agreement (RSA) with “near unanimous support from its key stakeholders.” Chapter 11 bankruptcy protection allows businesses to restructure their debts while they continue to operate.
Well, Hulk Hogan’s Real American Beer is potentially set to offer an all-cash bid for the Hooters intellectual property, a person familiar told FOX Business Digital.
The bid is a key step in Real American Beer’s expansion into acquiring legacy properties that align with its growing portfolio and mission to build a lifestyle platform that’s as entertaining as it is patriotic.
I’m touring states ONE by ONE to bring you Hulkamaniacs @realamerbeer 👇🏼 https://t.co/JEJ0TM8fsa
We’re just getting started, brother. pic.twitter.com/OIRa15w7Gg
— Hulk Hogan (@HulkHogan) August 2, 2024
— Real American Beer (@realamerbeer) March 22, 2025
Real American Beer, founded by Hulk Hogan, aiming to revitalize Hooters after chain’s bankruptcy filing https://t.co/0wAHNIDO0z pic.twitter.com/8wu4D9NMME
— New York Post (@nypost) May 17, 2025
