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Franchise and Business Opportunities for Entrepreneurs
Carl's Jr.
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Business Type: Franchise
Liquid Capital Required: $300,000
Net Worth Required: $1,000,000
Total Investment: $1,100,000
TCI does not include real estate
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Financing Assistance:
Yes, via third party
Training and Support: Yes
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Over the last 60 years Carl´s Jr.® has built a reputation as America´s premier burger chain, and is known as the place to go for big, juicy, delicious charbroiled burgers. Today, there are more than 1,100 Carl´s Jr.® restaurants worldwide, with more than 300 dual-branded Carl´s Jr.®/Green Burrito® restaurants.
Carl´s Jr.® is focused on constant innovation and a desire to satisfy the tastes of young, hungry consumers through its premium menu and edgy, memorable advertising. Carl´s Jr.® is kno wn for introducing the 100% Angus beef Six Dollar Burger™ line, the first sit down restaurant style burgers in the quick service industry. Available in a total of six craveable varieties, these gourmet burgers are comple-mented by the chain´s best-in-class Hand-Scooped Ice Cream Shakes & Malts™.
Carl´s Jr.® is a wholly-owned subsidiary of CKE Restaurants, Inc., a publicly traded company listed on the New York Stock Exchange (ticker symbol: CKR). Through its subsidiaries, CKE franchises and operates Carl's Jr.® and Hardee's® quick-service restaurants. The CKE system includes more than 3,000 locations in 43 states and 14 countries.
| Minimum Financial Requirements∗ | Net Worth $1,000,000
Liquid Assets: $300,000 |
| Experience | Previous franchise or restaurant experience |
| Multi-Unit Development | 3 restaurant minimum |
| Development Fee∗ | $10,000 |
| Franchise Fees | $25,000 (1st and 2nd)
$20,000 (3rd and 4th)
$15,000 (5th and more) |
| Total Estimated Initial Investment∗∗ | $1.1 million+ |
| Royalty Fee | 4% of gross sales |
| Unit Size | 2,450 sq. ft. to 3,212 sq. ft. (w/o playground) |
| Terms of Franchise Agreement | 20 years |
| Franchise Training | 12 weeks of hands-on management training |
∗ PER UNIT DEVELOPED
∗∗ DOES NOT INCLUDE REAL ESTATE; INVESTMENT COSTS VARY
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