In the context of the Travel Center Development Incentive Program Addendum to the Hardees Restaurant Franchise Agreement, what is the full legal name of the franchisor, abbreviated as HR?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS ADDENDUM to the Hardee's Restaurant Franchise Agreement dated as of, ("Franchise Agreement") between Hardee's Restaurants LLC ("HR") and |
|---|
| ("Franchisee") is entered into simultaneously with the |
| Franchise Agreement. |
| RECITALS |
| A. |
| In order to stimulate the development of new franchised Hardee's Restaurants and the |
| continued expansion of the System at eligible travel center and gas and convenience locations, HR has |
| established the 2025 HR Travel Center Development Incentive Program (the "Travel Center Program"). |
| B. |
| To be eligible for the Travel Center Program, the following requirements must be satisfied: |
| (i) the Hardee's 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, (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 HR or its affiliates, (v) |
| Franchisee must be approved for growth by HR and its affiliates, (vi) Franchisee must satisfy HR's then |
| current financial and operational requirements for new restaurant development, and (vii) Franchisee and |
| the Hardee's Restaurant(s) otherwise meet the requirements of the Travel Center Program. |
| C. |
| Franchisee and HR are parties to a Development Agreement dated as of, |
| ,. |
| D. |
| Franchisee and the Franchised Restaurant are eligible to participate in the Travel Center |
| Program. |
| E. |
| The Franchised Restaurant opened pursuant to this Franchise Agreement qualifies as a |
| "Conversion Restaurant" as determined by HR. |
| F. |
| Consequently, HR and Franchisee are entering into this Addendum to modify the Franchise |
| Agreement to reflect the Franchisee's participation in the Program incentives. |
| AGREEMENT |
| NOW, THEREFORE, in consideration of the mutual covenants, agreements and obligations set |
| forth below, the parties, intending to be legally bound, agree to amend the Franchise Agreement as follows: |
| 1. |
| Reduced Royalty and APO for Limited Period of Time. Notwithstanding anything to the |
| contrary contained in the Franchise Agreement, HR agrees that the royalty fee to be paid by Franchisee for |
| the Franchised Restaurant will be reduced by: (A) 3% of Gross Sales for Gross Sales accruing during the |
| Franchised Restaurant's first 12 months of operation under the Franchise Agreement; (B) 2% of Gross Sales |
| for Gross Sales accruing during the Franchised Restaurant's second 12 months of operation under the |
| Franchise Agreement; and (C) 1% of Gross Sales for Gross Sales accruing during the Franchised |
Source: Item 22 — Contracts (FDD page 85)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, within the context of the Travel Center Development Incentive Program Addendum to the Hardee's Restaurant Franchise Agreement, the franchisor's full legal name, abbreviated as HR, is Hardee's Restaurants LLC. This is specified in the addendum to the franchise agreement, which outlines the terms and conditions for franchisees participating in the incentive program aimed at developing new Hardees restaurants at eligible travel center and gas and convenience locations.
For a prospective Hardees franchisee, understanding the franchisor's legal name is crucial for legal and contractual purposes. It ensures clarity in all formal agreements and dealings with the company. Knowing that HR refers to Hardee's Restaurants LLC helps avoid confusion and ensures that all documents are correctly attributed.
The Travel Center Development Incentive Program aims to encourage the expansion of the Hardees brand by offering incentives to franchisees who develop restaurants in specific locations. The addendum outlines eligibility requirements and modifications to the standard franchise agreement to reflect participation in the program. This program requires the Hardees Restaurant to be located at a travel center or gas and convenience location 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. The travel center location or gas and convenience location must be opened pursuant to a Development Agreement dated no later than May 24, 2026.
Overall, the identification of Hardee's Restaurants LLC as HR in the FDD provides a clear understanding of the involved parties and their roles in the franchise agreement and any related addendums.