What was the total operating costs and expenses for Carls franchised restaurants and other in the CKE Securitization Entities Combining Consolidating Statement of Operations?

According to Carls's 2024 Franchise Disclosure Document, the total operating costs and expenses for franchised restaurants and other within the CKE Securitization Entities amounted to $95,648 (in thousands) for fiscal year 2022. This figure is derived from the CKE Securitization Entities Combining Consolidating Statement of Operations. This includes $68,839 for Carl's Jr. Restaurants LLC and $26,809 for Hardee's Restaurants LLC.

These costs and expenses are specific to franchised restaurant operations and other related activities within the CKE Securitization Entities. It's important to note that this figure is part of a larger statement that includes various other costs and expenses, such as those related to company-operated restaurants, advertising, and general administrative functions. The statement provides a comprehensive view of the financial performance of the CKE Securitization Entities.

Prospective franchisees should understand that this figure represents a portion of the overall operating costs and expenses. They should also consider other factors such as revenue, advertising costs, and general administrative expenses to gain a complete understanding of the financial dynamics of the CKE Securitization Entities. Reviewing the entire financial statement is crucial for assessing the financial health and performance of the entities associated with the Carls franchise.