Tragedy! Hooters has closed!
 

Bankrupt Hooters owner closes last eight locations


Monday, Jun. 25, 2007

MANCHESTER – Posters advancing a pay-per-view event still hang in the windows of Hooters, but you'll probably have to find somewhere else to watch the Ultimate Fighting Championship event July 7.
The eight remaining restaurants owned and operated by R.J. Fitz L.P., including the Manchester location and two others in New Hampshire, closed their doors last week.

A clerk at the adjoining Amoskeag Inn confirmed that Hooters of Manchester closed Friday, and employees have reported they did not receive paychecks last week. Calls were not answered at any of the chain's three New Hampshire locations: in Manchester, Nashua and Salem.

R.J. Fitz L.P., a Massachusetts-based company that originally operated 12 of the restaurants in New Hampshire, Rhode Island, Massachusetts and New York, has been going through bankruptcy proceedings since October 2006.

The company's financial woes got worse Wednesday when the U.S. Bankruptcy Court in Boston moved the bankruptcy filing from Chapter 11 to Chapter 7 status, forcing the company to cease operations.

"The company just experienced a decline in revenue since the beginning of 2007, which we think is consistent with other businesses in this industry," R.J. Fitz attorney Melvin Hoffman told the Cape Cod Times last week.

R.J. Fitz listed debts of $5.9 million when it filed for bankruptcy in 2006 after Hooters of America, the parent company based in Atlanta, Ga., tried to terminate its franchise agreement.

"There was basically a dispute over some stores in New York state that my clients had agreed to operate on behalf of Hooters of America," Hoffman said. "We needed to get out of that agreement, so that created some ill will on both sides."

Sean I guess the only place for you to get your Boobie fix is kittens...:-missingt

WOW!! What a slam from the big guy..:-X22

You beat me to it..:-missingt

ouch....both about hooters and to sean for the big & ugly statement....as they say big guys need love too...been told that a couple times...I have the best t-shirt for that..

So are Ken and FTE going to step up and Back a new Hooters Franchise to re-open Manchester???? :D

:-X14 :-X14

Hey Pat...you aren't disputing the "ugly" statement...are you?!? You know...this is turning into the "Big Guys" thread...no one with less than a 38" waist is allowed to post!!:-missingt

I guess that means we have to throw Dan out...or we can use an average...between, Don. Sean, you, and me we can fit in a whole bunch of the undernourished posters!!!:-fire :-X24

Man...I am tooooooooo funny!!!

I dunno, but maybe now that all those girls are out of jobs, they'll have more time to do a bikini truck wash for us this summer. ;)

Ok hire them..:-D :-D

Ken has so much money he can do anything..And don't let him tell you any different..:-D


Ok Ken how about starting a Hooters in Manchester and while your at it put on in Keene too.....:-missingt