In this paper, we consider a modified Lasslie–Gower-type predator–prey model with the effect of hunting cooperation and favorable additional food for predator. We establish the conditions of positivity, boundedness, and permanence of solutions of the proposed model. Along with the trivial, predator free, prey free equilibrium points the system contains at most two coexistence equilibrium points. The system experiences the transcritical, saddle-node, Hopf, cusp, Bautin, and Bogdanov–Takens bifurcation depending on the model parameters. All the theoretical analyses are verified using numerical simulations. It is numerically established that the cooperation and extra food have high impact on the model dynamics.