Hardee's
#12

Initial Investment

LOW: $1,339,500
HIGH: $1,867,500

Change in Units

+4.4% +91 UNITS (1 Year)
+6.0% +126 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1961

Franchising Since

1962 (54 Years)

Corporate Address

100 N. Broadway, #1200 St. Louis, MO 63102

CEO

Andrew Puzder

Parent Company

CKE Restaurants Holdings Inc.

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.

Financials

Financial Requirements

Initial Investment

$1,339,500 - $1,867,500

Net-worth Requirement

$1,000,000

Liquid Cash Requirement

$300,000

Ongoing Fees

Initial Franchise Fee

$25,000 - $35,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

to 7%

Financing Options

Hardee's has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 11

Lowest Rank: 62

  • 2006 - 60
* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new units internationally.

Operations & Franchisor Support

Additional Training: 8 weeks management training & at grand opening

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Related Franchises

Related Articles

Is the Year of the Bun Over? Wendy's Ends Pretzel Burger.

Is the Year of the Bun Over? Wendy's Ends Pretzel Burger.

Wendy's is ending the run of its wildly successful pretzel bun, bringing out a brioche burger to end a year full of innovative buns.
Kate Taylor
This Mega Deal Means Carl's Jr. and Hardee's Are Now in the Same Family as Arby's, Auntie Anne's and Cinnabon

This Mega Deal Means Carl's Jr. and Hardee's Are Now in the Same Family as Arby's, Auntie Anne's and Cinnabon

Roark Capital Group will acquire CKE Inc., the parent company of Carl's Jr. and Hardee's, adding to its extensive franchise brand portfolio, which includes Wingstop, Carvel Ice Cream and Arby's.
Kate Taylor
Lifelong Health Advocate Finds a Natural Fit With Jamba Juice

Lifelong Health Advocate Finds a Natural Fit With Jamba Juice

Panos Joulios, a career-entrepreneur in the restaurant industry, loves promoting healthy living at his several juice joints across Arizona and California.
Erin Schultz
Why Chipotle Is Closed for Lunch Today

Why Chipotle Is Closed for Lunch Today

Franchisees are supposed to use the time to go over new food safety procedures after multiple E. coli cases.
Lindsay Friedman
How These 2 In-N-Out Burger Employees Climbed the Ladder to Become Franchisees

How These 2 In-N-Out Burger Employees Climbed the Ladder to Become Franchisees

Where to find your next great franchisees? They might just be working at your local grease joint.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 21st, 2015

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

87 franchises for under $50,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012