How many Carls restaurants in California ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor in 2024?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
to New Owners (Other than to CJR, Its Predecessor or Their Affiliates) For Fiscal Years 2022-2024(1) (2) ***
| State | Year | Number of Transfers | |---|---|---| | CA | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | UT | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | TOTAL | 2022 | 0 | | | 2023 | 2 | | | 2024 | 0 | *The Restaurants included in this table are also included in the preceding table.
Table No. 3 Status of Franchised Restaurants For Fiscal Years 2022-2024(1) (2)
| State | Year | Restaurants at Start of the Year | Restaurants Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Restaurants at End of the Year |
|---|---|---|---|---|---|---|---|---|
| AK | 2022 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 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 are two separate tables that contain information on the number of restaurants that ceased operations for "other reasons" in California. One table tracks "Traditional" Carls restaurants and the other tracks "Dual Concept" Carls restaurants.
For "Traditional" Carls restaurants in California, the number that ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor in 2024 was 8. At the start of 2024, there were 613 restaurants, 2 were opened, and 8 ceased operations for other reasons, 1 was non-renewed, and 1 was reacquired by the franchisor, leaving 605 at the end of the year.
For "Dual Concept" Carls restaurants in California, the number that ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor in 2024 was 3. At the start of 2024, there were 218 restaurants, none were opened, and 3 ceased operations for other reasons, leaving 215 at the end of the year. This means that a total of 11 Carls restaurants in California closed for reasons other than termination, non-renewal, or reacquisition.