How many franchised Hardees restaurants were operating at the end of 2024?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| Restaurant Type | Year | Restaurants at Start of the Year | Restaurants at End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2023 | 1552 | 1512 | -40 |
| 2024 | 1512 | 1394 | -119 | |
| 2025 | 1394 | 1,369 | -24 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–84)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, there were 1,394 franchised Hardees restaurants operating at the end of 2024. This number reflects a net decrease of 119 restaurants during that year. At the start of 2024, there were 1,512 franchised locations.
It is important to note that 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. Therefore, the numbers provided in the FDD are as of the fiscal year end, which is close to the calendar year end but not exactly the same.
A prospective franchisee should consider the trend of restaurant closures when evaluating this franchise opportunity. While the FDD provides historical data on restaurant openings and closures, it does not explain the reasons for these changes. Further due diligence, including discussions with current and former franchisees, would be essential to understand the factors influencing these numbers.