What was the minimum rent revenue for Hardees in fiscal year 2025?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
--------| | · | | Company- Operated | F | Franchise & Other | | | | | | | | Company- Operated | F | ranchise & Other | | Fiscal: | | | | | | | | | | | | | | | | 2026 | $ | 1,593 | $ | 1,304 | $ | 16,542 | $ | 69,475 | | | | | | | | 2027 | | 1,6
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, the minimum rent revenue for fiscal year 2025 was $86,996. The FDD also provides figures for variable lease payments, which totaled $5,713 in fiscal year 2025. Combining the minimum rent revenue and variable lease payments, the total rent revenue for Hardees in 2025 was $92,709.
In comparison, the minimum rent revenue for the previous fiscal year, 2024, was $90,450, with variable lease payments of $6,700, resulting in a total rent revenue of $97,150. This indicates a slight decrease in both minimum and total rent revenue from 2024 to 2025. These figures reflect Hardees's revenue from leasing or subleasing properties, which can be a significant aspect of the company's financial performance.
Prospective franchisees should consider these figures in the context of Hardees's overall financial health and business model. Understanding the sources of revenue, including rent, can provide insights into the company's stability and potential for growth. Additionally, it's important to note that these figures are specific to the franchisor's operations and may not directly reflect the financial performance of individual franchise locations.