Does any affiliate of Roark Capital Management, LLC operate a Carls Jr. franchise?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
Affiliated Franchise Programs. Through control with private equity funds managed by Roark Capital Management, LLC, we are affiliated with the following franchise programs ("Affiliated Programs"). None of these affiliates operates a Carl's Jr. franchise.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–19)
What This Means (2024 FDD)
According to the 2024 FDD, Roark Capital Management, LLC has affiliated franchise programs through its control with private equity funds. However, the document explicitly states that none of these affiliated programs operate a Carls Jr. franchise.
This means that while Roark Capital Management, LLC is connected to other franchise systems, it does not directly operate any Carls Jr. locations. A prospective franchisee should be aware of this relationship, as it could potentially influence the strategic direction or resources available to Carls through its indirect association with Roark Capital Management, LLC.
It is important for potential franchisees to understand the ownership and affiliate structure of a franchise system, as this can impact various aspects of the business, including brand strategy, financial stability, and access to resources. While Roark Capital Management, LLC's other franchise affiliations do not operate Carls Jr. franchises, their involvement could still have indirect implications for the Carls system.