Franchise: Hardee's

Initial Investment
LOW:$1,426,500
HIGH: $1,949,000
Change in Units
+2.9% +60 UNITS (1 Year)
+9.5% +186 UNITS (3 Years)

Ongoing Support
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training Onsite: 10 weeks

Training at headquarters: 1 week

Additional Training: 8 weeks management training & at grand opening

Absentee Ownership Allowed

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.

Founded

1961

Franchising Since

1962 (55 Years)

Corporate Address

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

CEO

Andrew Puzder

Parent Company

CKE Restaurants Holdings Inc.

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Financial Requirements

Initial Investment

$1,426,500 - $1,949,000

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


50% off franchise fee

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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.

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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 15th, 2016

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