Hardee's
What Does a Hardee's Franchise Cost in 2020?
| Cash Required: | $500,000 |
| Net Worth Required: | $1,000,000 |
| Total Investment: | $1,100,000 |
What Options are Available for Hardee's Franchisees?
| Financing: | Via 3rd party |
| Training: | Available |
Additional Details
| TCI does not include real estate |
About Us
THE FOOD IS THE FRANCHISE®
Since 1960 we have been America's premium burger brand and now have over 1,910 restaurants around the world. Hardee's® is wholly-owned subsidiary of CKE Restaurants, Inc. CKE is the operator of more than 3,140 quick service restaurants in 14 different countries. We are now looking for an elite group of entrepreneurs to develop and operate exclusive Hardee's® franchise territories.
Hardee's® became originally known for its biscuits until the Revolution of 2003 when we decided to pare down our menu and focus on our hearty 1/3-, 1/2- and 2/3-pound Thickburger® line. Our renowned Thickburgers are made with 100% Angus beef and are a leader in both quality and taste.
Why Hardees®?
Hardee's® realizes that Innovation Is The Difference and this what makes us stand above the rest. We consistently strive to satisfy the tastes of young, hungry customers by providing them with a premium menu and using edgy, memorable advertising. Entrepreneur Magazine has seen the success of Hardee's® and ranked us among the top 3 burger franchise opportunities in their Franchise 500 report. Our franchisees take advantage of the following:
- NEW DESIGN Our premium positioning in the fast-food burgers segment is well represented in our new restaurant prototype.
- NEW MENU Our customers have spoken and The new Hardee's menu gives them what they want: BIGGER, BETTER, BURGERS.
- NEW BRANDING Our new targeted brand messaging speaks directly to the top fast food consumers: young, hungry guys.
- NEW ECONOMICS Hardee's has experienced several years of improved economic performance that have set the brand on a steady growth trajectory.
The Numbers
BE PART OF THE NEW HARDEE'S®
| 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+** |
| Advertising Fee | 4% of gross sales |
| Royalty Fee | 4% of gross sales |
| Unit Size | 2,447 sq. ft. to 3,207 sq. ft. (w/o playground) |
| Term of Franchise Agreement | 20 years |
| Franchise Training | 12 weeks |
* PER UNIT DEVELOPED
** DOES NOT INCLUDE REAL ESTATE; INVESTMENT COSTS VARY
Please Note:
Hardee's is currently accepting inquiries from the following states: Wyoming, West Virginia, Wisconsin, Vermont, Virginia, Tennessee, South Dakota, South Carolina, Rhode Island, Pennsylvania, Ohio, New York, New Jersey, New Hampshire, Nebraska, North Dakota, North Carolina, Montana, Mississippi, Missouri, Minnesota, Michigan, Maine, Maryland, Massachusetts, Louisiana, Kentucky, Kansas, Indiana, Illinois, Iowa, Georgia, Florida, Delaware, Connecticut, Arkansas, Alabama.
Hardee's is also currently accepting inquiries from Canada and outside the U.S., but not from the European Union.
Interested parties should have at least $500,000 in liquid capital to invest.
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