In 2024, how many Hardees restaurants were reacquired by the franchisor in the state of Georgia?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Restaurants at Start of the Year | Restaurants Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons (4) | Restaurants at End of the Year (5) |
|---|---|---|---|---|---|---|---|---|
| GA | 2023 | 120 | 0 | 0 | 1 | 0 | 5 | 114 |
| 2024 | 114 | 1 | 0 | 0 | 11 | 24 | 80 | |
| 2025 | 80 | 0 | 1 | 0 | 0 | 1 | 78 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–84)
What This Means (2025 FDD)
According to Hardees' 2025 Franchise Disclosure Document, in 2024, Hardees reacquired 11 restaurants from franchisees in the state of Georgia. At the start of 2024, there were 114 Hardees restaurants in Georgia. After reacquiring 11 restaurants and 24 ceased operations for other reasons, there were 80 Hardees restaurants at the end of 2024.
This indicates a significant change in the Hardees franchise network within Georgia during that year. Potential franchisees should investigate the reasons behind these re acquisitions and closures to understand the market dynamics and potential risks in that area. Understanding the factors that led to these changes can inform a franchisee's business plan and risk assessment.
It's important to note that re acquisitions can occur for various reasons, including franchisees not meeting brand standards, financial difficulties, or strategic decisions by Hardees. Closures can also result from factors like lease expirations, poor performance, or market changes. A high number of re acquisitions and closures in a specific region may signal challenges or opportunities that require careful consideration.
Prospective Hardees franchisees should inquire with the franchisor about the specific reasons for the re acquisitions and closures in Georgia during 2024. This information, combined with market research and due diligence, will help them make an informed decision about investing in a Hardees franchise in that region.