How many company-operated Hardee's restaurants, affiliated with Carls, were there as of January 29, 2024?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
HR is a Delaware limited liability company formed on January 30, 2013, whose principal place of business is the same as ours. As of January 29, 2024, there were 204 company-operated Hardee's restaurants, and there were 1,393 domestic franchised Hardee's restaurants, including 134 Dual Concept restaurants. Dual Concept Restaurants are quick service Hardee's Restaurants that also offer certain Red Burrito Mexican food products. In addition, as of January 29, 2024, there were the following international
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, as of January 29, 2024, Hardee's Restaurants LLC (HR), an affiliate of Carls, had 204 company-operated Hardee's restaurants. In addition to these company-operated locations, there were 1,393 domestic franchised Hardee's restaurants, including 134 Dual Concept restaurants which also offer Red Burrito Mexican food products. HR has been operating and franchising Hardee's Restaurants since April 1, 2013.
It is important for prospective franchisees to understand the breakdown between company-operated and franchised locations. A higher number of company-operated stores can indicate that the franchisor has a strong understanding of the business model and is willing to invest its own capital. However, a large number of franchised locations can also indicate a well-established brand with a proven track record.
For a prospective Carls franchisee, this information provides insight into the scale and structure of the Hardee's brand, which is affiliated with Carls. Understanding the number of company-operated versus franchised locations can help in evaluating the franchisor's business strategy and the potential level of support and competition a new franchisee might expect.