What does 'CJR' refer to in this Carls disclosure document?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
To simplify the language in this disclosure document, "we," "us" and "CJR" refer to Carl's Jr. Restaurants LLC, the franchisor. "You" refers to the person or legal entity who buys the franchise. If you are a corporation, partnership, limited liability company or other business entity, certain provisions of this disclosure document also apply to your owners and will be noted.
CJR is offering, in connection with this disclosure document, the opportunity to become a franchisee and operate a Carl's Jr. Restaurant at a traditional location.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–19)
What This Means (2024 FDD)
According to the 2024 Carls FDD, the abbreviation "CJR" refers to Carl's Jr. Restaurants LLC, which is the franchisor offering the franchise opportunity. This is explicitly stated to simplify the language used throughout the document, clarifying that "we," "us," and "CJR" all represent the franchisor, while "you" refers to the prospective franchisee.
This definition is important for a prospective franchisee as it establishes a clear understanding of the parties involved in the franchise agreement. Knowing that CJR represents the franchisor, Carl's Jr. Restaurants LLC, helps in correctly interpreting the obligations, rights, and responsibilities outlined in the FDD and subsequent franchise agreements.
Carls uses this abbreviation throughout the document, including in references to the "CJR 2024 Development Incentive Program," which offers reduced royalty and APO fees for the first three years of the franchise term for new-construction Carl's Jr. Restaurants that meet specific criteria and are opened by certain dates. Understanding that CJR refers to the franchisor is crucial for interpreting the terms and conditions of this incentive program and other aspects of the franchise relationship.