Hardee's
Burgers, chicken, biscuitsBackground
Founded: 1961 Franchising since: 1962
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.
Franchisor has 230 employee(s); 4 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Midwest, Northeast, South, Southeast
Exclusive territories available.
Territory size: Varies
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.
|
100 N. Broadway, #1200 Saint Louis, Missouri 63102 |
Phone: (866)253-7655 |
Franchisor has 230 employee(s); 4 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 1231 | 0 | 206 | 478 |
| 2008 | 1,208 | 0 | 189 | 518 |
| 2007 | 1,156 | 0 | 175 | 584 |
| 2006 | 1,109 | 0 | 149 | 705 |
| 2005 | 1,202 | 0 | 144 | 676 |
Where Seeking Franchisees
In the U.S. Midwest, Northeast, South, Southeast
Exclusive territories available.
Territory size: Varies
Costs and Fees
|
Total investment: $1.1M-1.5M Franchise fee: $35K |
Ongoing royalty fee: 4% Term of agreement: 20 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $300K
Business Experience:
- Industry experience
- General business experience
- Preferable operational experience in a restaurant, but will consider people who have owned their own business
Operations
- 100% of all franchisees own more than one unit
- Absentee ownership of franchise is NOT allowed.
Training and Support
Training
Ongoing Support
Marketing Support
- 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
Rankings
Franchise 500® rank:
#26 (2009); #62 (2008); #60 (2006);
Fastest-Growing Franchises:
#26 (2009);
America's Top Global Franchises:
#85 (2008); #53 (2006);
#26 (2009); #62 (2008); #60 (2006);
Fastest-Growing Franchises:
#26 (2009);
America's Top Global Franchises:
#85 (2008); #53 (2006);