What financial and operational requirements must a Carls Jr. franchisee satisfy for new restaurant development to be eligible for the Travel Center Program?
Carls_Jr Franchise · 2025 FDDAnswer from 2025 FDD Document
- B. To be eligible for the Travel Center Program, the following requirements must be satisfied: (i) the Carl's Jr. Restaurant must be located at a travel center location or gas and convenience location that is within ½ mile of an interstate or limited access highway and must include a combination of high rise pylon sign, billboard or other highway sign, (ii) the travel center location or gas and convenience location must be opened pursuant to a Development Agreement dated no later than May 24, 2026, that includes the development of at least ten (10 newlyconstructed Carl's Jr. Restaurant(s), (iii) Franchisee must open the Franchise Restaurants from a travel center location or gas and convenience location by the date(s) outlined in the corresponding Development Agreement, (iv) Franchisee may not be in default of its obligations under its existing franchise agreements or related agreements with CJR or its affiliates, (v) Franchisee must be approved for growth by CJR and its affiliates, (vi) Franchisee must satisfy CJR's then-current financial and operational requirements for new restaurant development, and (vii) Franchisee and the Carl's Jr. Restaurant(s) otherwise meet the requirements of the Travel Center Program.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 75)
What This Means (2025 FDD)
According to the 2025 Carls Jr. Franchise Disclosure Document, several requirements must be met to be eligible for the Travel Center Program. The Carl's Jr. restaurant must be located at a travel center or gas and convenience location within ½ mile of an interstate or limited access highway, including a high rise pylon sign, billboard, or other highway sign. The location must be opened under a Development Agreement dated no later than May 24, 2026.
The franchisee must open the Carl's Jr. Restaurants by the dates outlined in the Development Agreement. They cannot be in default of any obligations under existing agreements with Carls Jr. or its affiliates and must be approved for growth by Carls Jr. and its affiliates.
In addition to these location and contractual obligations, the franchisee must satisfy Carls Jr.'s then-current financial and operational requirements for new restaurant development. The restaurant must also meet all other requirements of the Travel Center Program. However, the specific financial and operational requirements are not detailed in this section, only that they must be met.