As of what date is this list of Hardees franchisees and franchised locations current?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
year end. Our fiscal year runs from the Tuesday subsequent to the last Monday in January through the last Monday in January of the next calendar year.
(2) If multiple events occurred affecting a Hardee's Restaurant, this table shows the event that occurred last in time.
(3) During the last three fiscal years, we have signed confidentiality agreements with current or former franchisees that may restrict them from speaking openly with you about their experiences with us or our predecessor.
(4) Attached as Exhibit H is the name, city and state, and current business telephone number (or if unknown, the last known home telephone number) of the Hardee's franchisees that had a franchised restaurant terminated, canceled or not renewed or otherwise voluntarily or involuntarily ceased to do business under a franchise agreement, including in connection with a transfer, during fiscal year ended January 27, 2025; or that failed to communicate with us within 10 weeks of the application date of this disclosure document. Franchised Dual Concept Restaurants are indicated in Exhibit I.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–84)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, the list of franchisees and franchised locations is current as of January 27, 2025, which marks the end of Hardees's fiscal year. Hardees's fiscal year runs from the Tuesday subsequent to the last Monday in January through the last Monday in January of the next calendar year. This date is relevant for several lists and exhibits included in the FDD.
Specifically, Exhibit H provides a list of franchisees that had a franchised restaurant terminated, canceled, or not renewed, or otherwise ceased to do business under the franchise agreement during the fiscal year ended January 27, 2025. It also includes franchisees who failed to communicate with Hardees within 10 weeks of the application date of the disclosure document. Exhibit I contains a list of the addresses and telephone numbers of all Hardees and Dual Concept franchised locations, along with the name of the franchisee for each location, as of the same date.
Furthermore, the FDD indicates that there are no current Hardees developers who have entered into a Development Agreement but have not yet opened a Hardees Restaurant, as of January 27, 2025. This information is crucial for prospective franchisees to understand the current state of the Hardees franchise system, including the turnover of franchisees and the availability of new development opportunities.