Are any of the Affiliated Programs related to Roark Capital Management operating a Carls Jr. franchise?
Carls_Jr Franchise · 2025 FDDAnswer from 2025 FDD Document
Affiliated Franchise Programs. Through control with private equity funds managed by Roark Capital Management, LLC, we are affiliated with the following franchise programs ("Affiliated Programs"). None of these affiliates operates a Carl's Jr. franchise.
GoTo Foods Inc. ("GoTo Foods") is the indirect parent company to seven franchisors, including: Auntie Anne's Franchisor SPV LLC ("Auntie Anne's"), Carvel Franchisor SPV LLC ("Carvel"), Cinnabon Franchisor SPV LLC ("Cinnabon"), Jamba Juice Franchisor SPV LLC ("Jamba"), McAlister's Franchisor SPV LLC ("McAlister's"), Moe's Franchisor SPV LLC ("Moe's"), and Schlotzsky's Franchisor SPV LLC ("Schlotzsky's"). All seven GoTo Foods franchisors have a principal place of business at 5620 Glenridge Drive NE, Atlanta, GA 30342 and have not offered franchises in any other line of business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–20)
What This Means (2025 FDD)
According to the 2025 Carls Jr. Franchise Disclosure Document, none of the Affiliated Programs related to Roark Capital Management operate a Carls Jr. franchise. Carls Jr. is affiliated with other franchise programs through control with private equity funds managed by Roark Capital Management, LLC. These affiliated programs are referred to as "Affiliated Programs."
The Affiliated Programs include GoTo Foods Inc., which is the indirect parent company to seven franchisors: Auntie Anne's Franchisor SPV LLC, Carvel Franchisor SPV LLC, Cinnabon Franchisor SPV LLC, Jamba Juice Franchisor SPV LLC, McAlister's Franchisor SPV LLC, Moe's Franchisor SPV LLC, and Schlotzsky's Franchisor SPV LLC. All seven GoTo Foods franchisors share the same principal place of business and have not offered franchises in any other line of business.
This information is relevant for prospective franchisees as it clarifies the relationships between Carls Jr. and other franchise brands under the Roark Capital Management umbrella. While there are shared affiliations, none of these affiliated programs directly operate a Carls Jr. franchise. This distinction may be important for franchisees considering multi-brand ownership or those interested in the operational structure of Roark Capital Management's franchise portfolio.