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

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

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

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

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

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

Monk’s Bar and Grill vs Hooters

Franchise Comparison 2026

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

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