How many company-operated Carls restaurants were operating at the start of 2023?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
| Restaurant Type | Year | Restaurants at Start of the Year | Restaurants at End of the Year | Net Change |
|---|---|---|---|---|
| Company- | 2023 | 48 | 49 | +1 |
| Restaurant Type | Year | Restaurants at Start of the Year | Restaurants at End of the Year | Net Change |
| --- | --- | --- | --- | --- |
| Company- | 2023 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 72–79)
What This Means (2024 FDD)
According to Carls's 2024 Franchise Disclosure Document, there were two separate tables that list the number of company-operated restaurants. The first table shows that at the start of 2023, Carls had 48 company-operated restaurants. The second table shows that Carls had 0 company-operated restaurants at the start of 2023. These numbers may vary due to the inclusion, or exclusion, of dual-concept restaurants.
It is important to note that the FDD specifies that the data is as of the end of the fiscal year, which runs from the Tuesday subsequent to the last Monday in January through the last Monday in January of the next calendar year. This means the data reported for 2023 reflects the period from late January 2022 to late January 2023.
Prospective franchisees should clarify with Carls which table is most accurate and what accounts for the discrepancy between these figures. Understanding the number and performance of company-operated stores can provide insights into the overall health and strategic direction of the Carls franchise system.