Are Hardees restaurants located outside the United States included in this financial performance representation?

According to Hardees's 2025 Franchise Disclosure Document, the financial performance representation specifically excludes restaurants located outside the United States. The financial performance data provided pertains only to Travel Center and Gas and Convenience Center Hardees restaurants within the United States.

This means that if you are considering opening a Hardees franchise internationally, the financial figures presented in Item 19 of the FDD will not be representative of what you might expect to earn. The revenue figures are based solely on the performance of specific types of Hardees restaurants (Travel Center and Gas and Convenience Center) operating within the United States during the specified period.

Prospective franchisees interested in international locations should seek additional financial information specific to those markets. This could include requesting data from Hardees regarding the performance of existing international restaurants, conducting independent market research, and consulting with financial advisors experienced in international franchising. It is important to understand the unique market conditions, consumer preferences, and operational costs associated with operating a Hardees restaurant outside of the United States.