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Franchise and Business Opportunities for Entrepreneurs
Hardee's
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Business Type: Franchise
Liquid Capital Required: $300,000
Net Worth Required: $1,000,000
Total Investment: $820,800 - $1,177,500
TCI does not include real estate
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Financing Assistance:
Yes, via third party
Training and Support: Yes
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The Hardee's® brand is one of America's Premier Burger Brands and is the Home of the Thickburger®. Established in 1961, Hardee's® operates or franchises over 1,900 quick service restaurants in 30 U.S. states and 9 countries. The Hardee's® menu consists of charbroiled "made-fresh-to-order" Thickburgers™, Made from Scratch® biscuits, Hand-Scooped Shakes and Malts™, and a distinctive variety of charbroiled and crispy chicken sandwiches.
Hardee's® 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 Hardees® quick-service restaurants. The CKE System includes more than 3,000 locations in 43 states and 13 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** | $820,800 - $1,177,500 |
| Royalty Fee | 4% of gross sales |
| Unit Size | 2,447 sq. ft. to 3,207 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.
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