What was the reported total interest expense for Hardees in the financial period ending in 2022?

Based on the 2025 Hardees Franchise Disclosure Document, information regarding the specific total interest expense for the fiscal period ending in 2022 is not available. While the document includes discussion of interest expenses, capitalized interest costs, and debt issuance costs, it does not provide a consolidated figure for total interest expense for 2022. The FDD does mention interest expenses related to debt issuance costs and amortization, but these are specific to certain financial activities and not the overall interest expense.

Prospective franchisees should note that understanding the interest expenses of a franchise system can be crucial in evaluating its financial health and stability. Interest expenses can impact the profitability and cash flow of the franchisor, which in turn can affect the support and services they provide to franchisees. Therefore, it is important to have a clear picture of the franchisor's debt obligations and associated costs.

To gain a comprehensive understanding of Hardees's financial performance, a potential franchisee should ask the franchisor directly for the total interest expense for the fiscal year ending in 2022. Additionally, it would be beneficial to request a breakdown of the different components contributing to the interest expense, such as interest on loans, leases, and other financing arrangements. This information will help in assessing the financial risk and potential return on investment associated with the Hardees franchise.