Entrepreneur

From Franchisor to a Competitor's Franchisee: How a Hooters Owner Bounced Back

Former Hooters owner is back in business at Twin Peaks.
Franchisor-turned- franchisee Coby Brooks.

Robert H. Brooks handed over the reins of the Hooters franchise to his son Coby in 2003. But when the elder Brooks died three years later, it set off a protracted lawsuit over his estate and the ownership of the Atlanta-based brand. In 2011, Coby Brooks was forced to sell Hooters to a private equity firm, and soon after he was let go.

A few days later, Brooks had an idea. He called Randy

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