What was the reported amount for 'Inventories' for Hardee's Restaurants LLC?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| Carl's Jr. Restaurants LLC | Carl's Jr. Funding LLC | Carl's Jr. SPV Guarantor LLC | Hardee's Restaurants LLC | Hardee's Funding LLC | Hardee's SPV Guarantor LLC | Eliminations | The CKE Securitization Entities | |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ 2,117 | $ 3,996 | $ | $ 3,685 | $ 2,542 | $ | $ | $ 12,340 |
| Cash and cash equivalents - restricted | 15,942 | _ | _ | _ | _ | _ | 15,942 | |
| Accounts receivable, net | 11,160 | _ | _ | 10,588 | _ | _ | _ | 21,748 |
| Due from affiliates | 11,625 | 20,328 | _ | 56,241 | 238 | _ | (88,007) | 425 |
| Inventories | 559 | _ | _ | 2,293 | _ | _ | 2,852 | |
| Prepaid expenses | 112 | 22 | _ | 314 | 22 | _ | 470 | |
| Other current assets | 79 | _ | _ | _ | _ | _ | 79 | |
| Carl's Jr. Restaurants LLC | Carl's Jr. Funding LLC | Carl's Jr. SPV Guarantor LLC | Hardee's Restaurants LLC | Hardee's Funding LLC | Hardee's SPV Guarantor LLC | Eliminations | The CKE Securitization Entities | |
| ------------------------------------------------------- | ------------------------------- | --------------------------- | --------------------------------- | ----------------------------- | ------------------------- | ------------------------------- | -------------- | --------------------------------------- |
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ 1,627 | , | $ | $ 3,555 | $ 977 | $ — | $ — | $ 7,320 |
| Cash and cash equivalents - restricted | _ | 16,053 | _ | _ | _ | _ | _ | 16,053 |
| Accounts receivable, net | 10,663 | _ | _ | 10,036 | _ | _ | _ | 20,699 |
| Due from affiliates | 6,860 | 20,696 | _ | 52,060 | 215 | _ | (79,292) | 539 |
| Inventories | 562 | _ | _ | 2,411 | _ | _ | _ | 2,973 |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, the reported amount for 'Inventories' under the assets of Hardee's Restaurants LLC is detailed in the financial statements. In one statement, the 'Inventories' amount is listed as $2,293.
In another financial statement, the 'Inventories' for Hardee's Restaurants LLC is listed as $2,411. These figures represent the value of raw materials, work-in-progress, and finished goods that Hardees owns and intends to sell as part of its regular business operations.
Prospective franchisees should understand that maintaining adequate inventory levels is crucial for smooth operations. Too little inventory can lead to lost sales, while excessive inventory can result in spoilage and increased storage costs. These figures can help potential franchisees understand the scale of inventory management required for a Hardees franchise.