For Hardees franchisees, when must the construction progress report be submitted to HR each month, from the Construction Commencement Date to the Opening Date?

According to Hardees' 2025 Franchise Disclosure Document, from the Construction Commencement Date to the Opening Date, a Hardees franchisee must submit a construction progress report to HR on or before the first day of each month. This report should detail the progress made towards completing the construction and preparing to open the Hardees restaurant by the Opening Date. HR may also request these reports more frequently if they deem it necessary.

This monthly reporting requirement ensures that Hardees maintains oversight of the construction process and can track progress against the agreed-upon timeline. It allows Hardees to identify any potential delays or issues early on and work with the franchisee to address them. The "Construction Commencement Date" is defined as the date construction begins, which must be within 6 months after the Property Control Date. The "Opening Date" is defined as no later than 18 months after the Property Control Date.

For a prospective Hardees franchisee, this means allocating time and resources each month to prepare and submit this report. Failure to submit the report on time or to provide accurate information could potentially lead to delays in the opening of the restaurant or even termination of the franchise agreement if the non-compliance is not resolved. Franchisees should maintain detailed records of construction progress and be prepared to provide supporting documentation if requested by Hardees.