What was the total amount of expenses Hardees incurred related to rent and other occupancy for franchised restaurants in fiscal year 2024?

According to Hardees's 2025 Franchise Disclosure Document, the expenses related to rent and other occupancy for franchised restaurants in fiscal year 2024 totaled $78,697. This figure represents the costs Hardees incurred for rent and occupancy related to its franchised locations.

For a prospective franchisee, understanding these costs is crucial as it provides insight into Hardees's financial obligations and how they manage their real estate portfolio. The franchisor often leases or subleases properties to franchisees, retaining the primary lease liability. This arrangement can impact the franchisee's operational costs and relationship with Hardees.

It's important to note that these expenses are part of a larger category of 'franchised restaurants and other expense,' which also includes amortization of franchise agreements and other miscellaneous expenses. While the FDD provides the specific amount for rent and occupancy, franchisees should also consider these additional costs when evaluating the overall financial health and stability of the Hardees franchise system.

Prospective franchisees should further investigate the details of these rent and occupancy costs, including the terms of the leases and subleases, to fully understand their financial obligations and potential risks. Understanding the components of these expenses can help franchisees make informed decisions and plan for their future business operations with Hardees.