What was the reported total for Hardees' income taxes payable in 2025?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
--------------|-----------------------------|---------------------------|--| | Trademarks / tradenames | Indefinite | $ 614,400 | $ — | $ 614,400 | $ 614,
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardees' 2025 Franchise Disclosure Document, the income taxes payable for 2025 was reported as $13,131. This figure represents the amount of income taxes that Hardees owed but had not yet paid as of the end of fiscal year 2025. For comparison, the income taxes payable in 2024 was $13,955.
Income taxes payable is a current liability on Hardees' balance sheet, reflecting obligations due within one year. Franchisees should understand that this liability is separate from the income tax obligations they will incur as individual business owners operating their own Hardees franchise.
Prospective franchisees should consult with a financial advisor to understand the full implications of Hardees' financial statements and how these figures relate to the overall financial health and stability of the Hardees franchise system. Understanding the franchisor's financial obligations can help franchisees assess the risks and opportunities associated with investing in a Hardees franchise.