What were the total operating costs and expenses for company-operated Hardees restaurants related to occupancy and other expenses?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
neral and administrative | . 63 | 22,295 | | (281) | 21,633 | _ | _ | 43,710 | | | | Facility action charges, net | (1,686) | | | 1,876 | | | | 190 | | | | Total operating costs and expenses | 175,907 | 22,295 | | 293,741 | 21,633 | | (19,200) | 494,376 | | | | Operating income (loss) | . 109,268 | (16,722) | _ | 92,523 | (8,007) | | _ | 177,062 | | | | Interest expense | (1,422) | (31,032) | _ | (5,319) | (30,999) | | _ | (68,772) | | | | Other income (loss), net | 1,143 | 104,400 | 60,034 | 517 | 86,881 | 47,162 | (298,893) | 1,244 | | | | Income (loss) before income taxes | 108,989 | 56,646 | 60,034 | 87,721 | 47,875 | 47,162 | (298,893) | 109,534 | | | | Income tax expense | 4,966 | | | 1,380 | | | | 6,346 | | | | Net income (loss) | $ 104,023 | $ 56,646 | $ 60,034 | $ 86,341 | $ 47,875 | $ 47,162 | $ (298,893) | $ 103,188 | | |
THE CKE SECURITIZATION ENTITIES COMBINING CONSOLIDATING STATEMENTS OF INCOME (In thousands)
| isca | |
|---|---|
| | Carl's Jr. Restaurants LLC | Carl's Jr. Funding LLC | Carl's Jr. SPV Guarantor LLC | Hardee's Restaurants LLC | Hardee's Funding LLC | Hardee's SPV Guarantor LLC | Eliminat
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, the operating costs and expenses for company-operated restaurants include several categories. For occupancy and other expenses, the total was $86,253 for Hardee's Restaurants LLC. After eliminations of $18,237, the total occupancy and other expenses were $104,616.
These figures represent a significant portion of the overall operating costs for company-operated Hardees restaurants. Understanding these costs is crucial for prospective franchisees as it provides insight into the financial performance and expense management of company-operated stores, which can serve as a benchmark.
It's important to note that these figures are specific to Hardees Restaurants LLC and may not directly translate to individual franchised locations due to variations in factors such as location, lease terms, and operational efficiencies. However, this information offers valuable context for evaluating the potential financial obligations and profitability of a Hardees franchise.