Is Hardees affiliated with any other franchise programs through Roark Capital Management, LLC?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
anchise 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 operate a Hardee's Restaurants 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 9–22)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, Hardees is affiliated with other franchise programs through Roark Capital Management, LLC. These "Affiliated Programs" include GoTo Foods Inc., which is the indirect parent company to seven franchisors: 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").
It is important to note that none of these affiliated programs operate a Hardee's Restaurants franchise. This means that while Hardee's is under the same umbrella as these other franchise systems due to Roark Capital Management's control, they are operated as separate entities.
For a prospective franchisee, this affiliation could mean potential synergies or shared resources at the parent company level. However, the FDD specifies that each franchise operates independently, so the direct impact on a Hardees franchise may be limited. A potential franchisee may want to inquire about any shared services, best practices, or other benefits that Hardees receives due to these affiliations.