What was the total amount of closed store expenses for Hardees in fiscal year 2024?

Based on the 2025 Hardees Franchise Disclosure Document, there is no specific figure provided for the total amount of closed store expenses during the fiscal year 2024. The document does mention the closure of all restaurants operated by the Shanghai business during the fiscal year ended January 31, 2023.

However, the FDD does detail some financial activities that occurred during fiscal year 2024, such as the purchase of nineteen Hardee's restaurants and one Carl's Jr. restaurant from franchisees for $3,342, which, combined with certain assets, resulted in an aggregate consideration transferred of $3,438. Additionally, the document mentions the sale of one Hardee's restaurant and related assets, resulting in a net gain of $153 included in facility action charges. These activities suggest potential costs associated with restaurant closures could be reflected within broader categories.

To get a clear understanding of closed store expenses, a prospective Hardees franchisee should directly ask the franchisor for a detailed breakdown of these costs. Specifically, they should inquire about any expenses related to restaurant closures that are not explicitly listed in the financial statements. Understanding these costs is crucial for assessing the overall financial health and stability of the franchise system.