#32
At a Glance
Products & Services: Burgers, chicken, biscuits
Number of Locations: 1,914
Total Investment: $1.09M - 1.58M
Founded: 1961
Began Franchising: 1962
Private Owned
About Hardee's
Wilber Hardee opened his first restaurant in Greenville, North Carolina, in 1960, and just five months later he had his first franchisee. Hardee's restaurants, which serve biscuits, burgers and chicken, have since spread throughout the Midwestern and Southeastern U.S.In 1997, Hardee's was acquired by California-based CKE Restaurants Inc., franchisor of Carl's Jr. Restaurants.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 1,226 | 0 | 220 | 468 |
| 2010 | 1,225 | 0 | 203 | 473 |
| 2009 | 1,231 | 0 | 206 | 478 |
| 2008 | 1,208 | 0 | 189 | 518 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, Northeast, South, Southeast.
Franchisor is seeking new units in Middle East.
Midwest, Northeast, South, Southeast.
Franchisor is seeking new units in Middle East.
Startup Costs, Ongoing Fees and Financing
Total Investment: $1,085,000 - $1,583,500
Franchise Fee: $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $300,000
Operations
100% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed..| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at franchisee's location. 8 weeks management training & at grand opening
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History
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