2015 Franchise 500
At a Glance

Products & Services: Burgers, chicken, biscuits

Number of Locations: 2,077

Total Investment: $1.3M - $1.9M

Founded: 1961

Began Franchising: 1962

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
2015 1,468 0 300 309
2014 1,264 0 274 457
2013 1,240 0 252 468
2012 1,227 0 236 469
2011 1,226 0 220 468
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Franchisor is seeking new units in Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, Philippines, South America, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $1,339,500 - $1,867,500
Franchise Fee: $25,000 - $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $300,000
100% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Accounts Receivable

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

Franchise 500®: #17 (2015), #11 (2014), #14 (2013), #32 (2012), #12 (2011),
America's Top Global: #19 (2015), #10 (2014), #21 (2013), #29 (2012), #10 (2011),

Franchise Search

Looking to Start a Business?

Eye Level has opportunities available today.

Request Information

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

From the Entrepreneur Bookstore

Franchise Bible, 7th Edition
Franchise Bible, 7th Edition
By Erwin J. Keup and Peter Keup
More Info