What was the net income for Hardees as of January 31, 2023?

According to Hardees's 2025 Franchise Disclosure Document, the net income as of January 31, 2023, was $108,945. This figure represents the net earnings of Hardees for that specific fiscal year. It's important to note that this net income contributes to the overall balance, which also factors in capital contributions and distributions to members.

For a prospective franchisee, understanding the net income is crucial as it provides insight into the financial performance of Hardees. However, it is essential to consider this figure in conjunction with other financial data, such as assets, liabilities, and equity, to gain a comprehensive understanding of the company's financial health. Additionally, franchisees should be aware that past performance is not necessarily indicative of future results.

The balance as of January 31, 2023, was $(248,506). This balance was impacted by capital contributions of $35,679 and distributions to members totaling $(133,746), in addition to the net income. The ending balance as of January 31, 2024, was $(237,628), which was calculated from the January 31, 2023 balance, plus capital contributions of $35,679, less distributions to members of $(133,746), plus net income of $108,945.

It is also important to consider external factors, such as inflationary pressures and military conflicts in certain international markets, which could impact Hardees's financial performance. These factors can affect restaurant sales and profitability, and franchisees should be aware of these potential risks when evaluating the franchise opportunity.