You Won't Believe Who Has Offered to Buy Every Struggling Hooters

Back in March, Hooters filed for Chapter 11 bankruptcy, and now WWE superstar Hulk Hogan has tossed the struggling chain a lifeline.

Fox Business is reporting that Hulk Hogan and his Real American Beer company have offered up an all-cash bid to save Hooters.

Hooters locations nationwide are already serving Hogan's beer brand, so there is already an established relationship there.

Hogan's Real American Beer is looking to expand into already popular brands to grow its footprint.

The brand has already seen success, as it's now available at Walmart in eight states, according to Fox Business. It's also the official beer of the WWE, and it's the second-most-popular light beer in the U.S., only one year after the inception of the brand.

That's crazy, brother.

If Hogan's beer company does acquire the rights to the Hooters franchise, the plans to reinvent Hooters will include digital content, gaming formats, a new line of consumer products and more updates designed to appeal to younger generations.

Get our free mobile app

This could be a major step for Hooters to bounce back from their bankruptcy filing a few months ago, and it could help change the public's perception.

Will they take the offer from Hogan to partner with him and his beer company to get Hooters out of its rut?

We will keep our ears open and let you know if we hear anything else from either Hooters or Hogan.

24 Country Stars With Their Own Bars + Restaurants

Of all of the side hustles country artists could partake in, opening a bar or restaurant is the most fitting — and very common. After all, many of these stars got their start on a barstool, tip jar nearby, playing their music for anyone who would listen.

These places feel like home for many of these singers. Over the years, several artists have gotten into the bar or restaurant game, and for a select few, brands have turned into franchises with several locations and/or concepts — we're looking at you, Jimmy Buffett!

Let's take a look at the country star food and entertainment venues that have opened over the years.

Gallery Credit: Jess

See Pictures of Luke Combs' New Nashville Bar, Category 10

Luke Combs is ready to join the ranks of country artists who have opened their own bars in Nashville's Broadway district. The honky-tonk will be called Category 10, playing off of his debut single "Hurricane." Although true hurricanes are categorized no higher than a Category 5, Combs opted to double the intensity with a 10 ranking. It's a nod to his career, really.

Category 10 will be anything but small: The bar will be the largest entertainment venue on the strip, featuring the area's biggest dance floor and rooftop. Combs is also including more intimate spaces to accommodate young talented singers and songwriters.