Is Hooters or Monk’s Bar and Grill cheaper to open?

Hooters costs $1,253,300–$3,022,000 and Monk’s Bar and Grill costs $855,500–$3,435,000 to open (FDD Item 7). Monk’s Bar and Grill has the lower entry cost.

Which earns more, Hooters or Monk’s Bar and Grill?

Hooters reports $3,575,491 average annual unit revenue vs $3,118,986 for Monk’s Bar and Grill (FDD Item 19). Hooters is higher.

Which is the better franchise, Hooters or Monk’s Bar and Grill?

FranchiseVerdict grades Hooters A and Monk’s Bar and Grill B, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Hooters vs Monk’s Bar and Grill

Franchise Comparison 2026

Both Hooters and Monk’s Bar and Grill are full-service restaurants franchises. Hooters requires an investment of $1.3M – $3.0M while Monk’s Bar and Grill requires $856K – $3.4M. In terms of revenue, Hooters reports higher average unit revenue at $3.6M. FranchiseVerdict rates Hooters A (Strongest tier) and Monk’s Bar and Grill B (Above average).

Metric	Hooters	Monk’s Bar and Grill
Verdict Grade	AStrongest tier	BAbove average
Investment Range	$1.3M – $3.0M	$856K – $3.4M
Franchise Fee	$50K	$30K
Royalty Rate	6.0%	2.0%
Average Revenue (Item 19)	$3.6M	$3.1M
SBA Charge-Off Rate	Limited data	Limited data
Total Units	194	6
Unit Growth (YoY)	+26 units	+0 units
Year Began Franchising	2025	2013
FDD Year	2026	2024