Hooters Hong Kong fronts up with rent
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Paying off its HK$1 million (US$128,000) rent arrears, Hooters restaurant has staved off legal action and eviction from its Lan Kwai Fong premises.
Hooters Asia president Daniel Yong says he paid off the debt, amounting to about three months’ rent, the day before the court deadline after lawyers issued a writ on behalf of the landlord, property company Dor Fook Company.
Yong flew from his home in Singapore to reassure staff members that the restaurant was going to stay open, and says he still plans four more Hooters venues for Hong Kong.
He says the problems stemmed from past management, with the business “in a bit of a mess” when he took over two months ago.
Questions & Answers
Q.What was the total amount of rent Hooters owed?
What was the total amount of rent Hooters owed?
Hooters owed HK$1 million in rent arrears. This sum represented approximately three months of unpaid rent for their Lan Kwai Fong premises.
Q.Who issued the legal writ against Hooters?
Who issued the legal writ against Hooters?
Lawyers issued the legal writ on behalf of the landlord, Dor Fook Company. This action preceded the court deadline for payment.
Q.How long ago did Daniel Yong take control of the business?
How long ago did Daniel Yong take control of the business?
Daniel Yong took control of the Hooters business approximately two months ago. He stated the previous management had left the business in disarray.
Q.What are Hooters' future expansion plans in Hong Kong?
What are Hooters' future expansion plans in Hong Kong?
Hooters Asia president Daniel Yong still plans to open four additional Hooters venues in Hong Kong. He reassured staff the current restaurant would remain open.
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