table_specific

What was the net change in the number of company-operated Carls Jr. restaurants during 2024?

Carls_Jr Franchise · 2025 FDD

Answer from 2025 FDD Document

e information or projections of your future income, you should report it to the franchisor's management by contacting Kerry Olson, Chief People and Legal Officer, 6700 Tower Circle, Suite 1000, Franklin, TN 37067, (615) 538-9260, the Federal Trade Commission, and the appropriate state regulatory agencies.

ITEM 20 OUTLETS AND FRANCHISEE INFORMATION

Table No. 1 Systemwide Restaurant Summary For Fiscal Years 2023-2025(1)

Restaurant Type Year Restaurants at Start of the Year Restaurants at End of the Year Net Change
Franchised 2023 1018 1020 +2
2024 1020 1014 -6
2025 1014 982 -32
Company- 2023 48 49 +1
Operated
2024 49 49 0
2025 49 50 +1
Total Outlets 2023 1066 1069 +3
2024 1069 1063 -6
2025 1063 1032 -31

Systemwide Dual Concept Restaurant Summary* For Fiscal Years 2023-2025(1) (2)

| Restaurant Type | Year | Restaurants at Start of the Year | Restaurants at End of the Year | Net Change | |---|---|---|---|---| | Franchised | 2023 | 270 | 269 | -1 | | | 2024 | 269 | 262 | -7 | | | 2025 | 262 | 107 | -155 | | Company- | 2023 | 0 | 0 | 0 | | Operated | | | | | | | 2024 | 0 | 0 | 0 | | | 2025 | 0 | 0 | 0 | | Total Outlets | 2023 | 270 | 269 | -1 | | | 2024 | 269 | 262 | -7 | | | 2025 | 262 | 107 | -155 | *The Restaurants included in this table are also included in the preceding table.

Table No. 2 Transfers of Restaurants from Franchisees to New Owners (Other than to CJR, Its Predecessor or Their Affiliates) For Fiscal Years 2023-2025(1)

| State | Year | Number of Transfers | |---|---|---| | AZ | 2023 | 3 | | | 2024 | 3 | | | 2025 | 0 | | CA | 2023 | 81 | | | 2024 | 10 | | | 2025 | 0 | | CO | 2023 | 0 | | | 2024 | 0 | | | 2025 | 7 | | NV | 2023 | 0 | | | 2024 | 6 | | | 2025 | 0 | | NM | 2023 | 0 | | | 2024 | 3 | | | 2025 | 0 | | TX | 2023 | 0 | | | 2024 | 11 | | | 2025 | 2 | | UT | 2023 | 10 | | | 2024 | 0 | | | 2025 | 0 | | WA | 2023 | 0 | | | 2024 | 0 | | | 2025 | 2 | | WY | 2023 | 0 | | | 2024 | 0 | | | 2025 | 1 | | TOTAL | 2023 | 94 | | | 2024 | 33 | | | 2025 | 12 |

Transfers of Dual Concept Restaurants from Franchisees to New Owners (Other than to CJR, Its Predecessor or Their Affiliates) For Fiscal Years 2023-2025(1) (2) *

| State | Year | Number of Transfers | |---|---|---| | CA | 2023 | 1 | | | 2024 | 0 | | | 2025 | 0 | | UT | 2023 | 1 | | | 2024 | 0 | | | 2025 | 0 | | TOTAL | 2023 | 2 | | | 2024 | 0 | | | 2025 | 0 | *The Restaurants included in this table are also included in the preceding table.

Table No. 3 Status of Franchised Restaurants For Fiscal Years 2023-2025(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 | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2025 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | AZ | 2023 | 69 | 1 | 0 | 0 | 0 | 0 | 70 | | | 2024 | 70 | 3 | 0 | 0 | 0 | 0 | 73 | | | 2025 | 73 | 2 | 0 | 1 | 0 | 1 | 73 | | CA | 2023 | 614 | 1 | 0 | 0 | 0 | 2 | 613 | | | 2024 | 613 | 2 | 0 | 1 | 1 | 8 | 605 | | | 2025 | 605 | 1 | 0 | 3 | 1 | 14 | 588 | | CO | 2023 | 44 | 1 | 0 | 0 | 0 | 0 | 45 | | | 2024 | 45 | 2 | 0 | 0 | 0 | 0 | 47 | | | 2025 | 47 | 1 | 0 | 0 | 0 | 0 | 48 |

| 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 | |---|---|---|---|---|---|---|---|---| | FL | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2025 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | HI | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2025 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | ID | 2023 | 20 | 0 | 0 | 0 | 0 | 0 | 20 | | | 2024 | 20 | 0 | 0 | 0 | 0 | 1 | 19 | | | 2025 | 19 | 0 | 0 | 0 | 0 | 1 | 18 | | LA | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2025 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | NV | 2023 | 43 | 0 | 0 | 0 | 0 | 0 | 43 | | | 2024 | 43 | 1 | 0 | 0 | 0 | 0 | 44 | | | 2025 | 44 | 0 | 0 | 0 | 0 | 3 | 41 | | NM | 2023 | 16 | 0 | 0 | 0 | 0 | 0 | 16 | | | 2022 | 16 | 0 | 0 | 0 | 0 | 0 | 16 | | | 2025 | 16 | 0 | 0 | 0 | 0 | 1 | 15 | | OK | 2023 | 38 | 0 | 0 | 0 | 0 | 0 | 38 | | | 2024 | 38 | 0 | 0 | 0 | 0 | 2 | 36 | | | 2025 | 36 | 0 | 0 | 0 | 0 | 9 | 27 | | OR | 2023 | 56 | 2 | 0 | 0 | 0 | 0 | 58 | | | 2024 | 58 | 0 | 0 | 0 | 0 | 0 | 58 | | | 2025 | 58 | 0 | 0 | 0 | 0 | 0 | 58 | | TX | 2023 | 31 | 1 | 0 | 0 | 0 | 0 | 32 | | | 2024 | 32 | 0 | 1 | 0 | 0 | 1 | 30 | | | 2025 | 30 | 0 | 0 | 0 | 0 | 0 | 30 | | UT | 2023 | 44 | 0 | 0 | 0 | 0 | 2 | 42 | | | 2024 | 42 | 0 | 0 | 0 | 0 | 0 | 42 | | | 2025 | 42 | 0 | 0 | 0 | 0 | 3 | 39 | | WA | 2023 | 34 | 0 | 0 | 0 | 0 | 0 | 34 | | | 2024 | 34 | 0 | 0 | 0 | 0 | 0 | 34 | | | 2025 | 34 | 2 | 0 | 0 | 0 | 2 | 34 |

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
WY 2023 3 0 0 0 0 0 3
2024 3 0 0 0 0 0 3
2025 3 0 0 0 0 0 3
TOTAL 2023 1018 6 0 0 0 4 1020
2024 1020 9 1 1 1 12 1014
2025 1014 7 0 4 1 34 982

Status of Franchised Dual Concept Restaurants For Fiscal Years 2023-2025(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 | |---|---|---|---|---|---|---|---|---| | AZ | 2023 | 14 | 0 | 0 | 0 | 0 | 0 | 14 | | | 2024 | 14 | 0 | 0 | 0 | 0 | 0 | 14 | | | 2025 | 14 | 0 | 0 | 0 | 0 | 14 | 0 | | CA | 2023 | 219 | 0 | 0 | 0 | 0 | 1 | 218 | | | 2024 | 218 | 0 | 0 | 0 | 0 | 3 | 215 | | | 2025 | 215 | 0 | 0 | 0 | 0 | 113 | 102 | | CO | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2025 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | HI | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2025 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | ID | 2023 | 11 | 0 | 0 | 0 | 0 | 0 | 11 | | | 2024 | 11 | 0 | 0 | 0 | 0 | 2 | 9 | | | 2025 | 9 | 0 | 0 | 0 | 0 | 9 | 0 | | OK | 2023 | 11 | 0 | 0 | 0 | 0 | 0 | 11 | | | 2024 | 11 | 0 | 0 | 0 | 0 | 1 | 10 | | | 2025 | 10 | 0 | 0 | 0 | 0 | 10 | 0 | | OR | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2025 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

| 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 | |---|---|---|---|---|---|---|---|---| | TX | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2025 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | UT | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2025 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | WA | 2023 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | | | 2024 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | | | 2025 | 9 | 0 | 0 | 0 | 0 | 8 | 1 | | TOTAL | 2023 | 270 | 0 | 0 | 0 | 0 | 1 | 269 | | (14) | | | | | | | | | | | 2024 | 269 | 0 | 0 | 0 | 0 | 7 | 262 | | | 2025 | 262 | 0 | 0 | 0 | 0 | 155 | 107 | *The Restaurants included in this table are also included in the previous table.

**Table No.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 68–75)

What This Means (2025 FDD)

According to Carls Jr.'s 2025 Franchise Disclosure Document, the net change in the number of company-operated restaurants during 2024 was 0. The FDD provides data on the number of company-operated restaurants at the start and end of the year, allowing for the calculation of net change. In 2024, Carls Jr. started with 49 company-operated restaurants and ended with 49 company-operated restaurants.

This indicates that Carls Jr. did not open or close any company-operated restaurants during that year. For a potential franchisee, this could suggest a period of stability in the company's directly managed operations. It's important to note that this data reflects only company-operated restaurants and does not include franchised locations, which may have experienced different changes in the same period.

It is also important to note that the numbers for 2023 through 2025 are as of the end of Carls Jr.'s fiscal year, which runs from the Tuesday subsequent to the last Monday in January through the last Monday in January of the next calendar year. This detail is important for accurately interpreting the annual changes in restaurant counts.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.