What was the total number of Carls restaurants at the end 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 |
|---|---|---|---|---|
| Franchised | 2022 | 1031 | 1018 | -13 |
| 2023 | 1018 | 1020 | +2 | |
| 2024 | 1020 | 1014 | -6 | |
| Company- | 2022 | 48 | 48 | 0 |
| Operated | ||||
| 2023 | 48 | 49 | +1 | |
| 2024 | 49 | 49 | 0 | |
| Total Outlets | 2022 | 1079 | 1066 | -13 |
| 2023 | 1066 | 1068 | +2 | |
| 2024 | 1068 | 1063 | -5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 72–79)
What This Means (2024 FDD)
According to Carls's 2024 Franchise Disclosure Document, at the end of 2023, there were a total of 1,068 restaurants. This total is comprised of both franchised and company-operated restaurants. Specifically, there were 1,020 franchised restaurants and 49 company-operated restaurants.
It's important to note that Carls's fiscal year runs from the Tuesday subsequent to the last Monday in January through the last Monday in January of the next calendar year. Therefore, the data reported for 2023 reflects the period ending in January 2024. This information is valuable for prospective franchisees as it provides a snapshot of the brand's footprint and the relative distribution of franchised versus company-operated locations.
Monitoring the changes in these numbers over time, as presented in the table, can reveal trends in the company's growth strategy, such as a focus on franchising versus corporate expansion. A prospective franchisee might find it useful to compare these figures with those of other similar franchise systems to benchmark Carls's performance and growth.