What were the total operating costs and expenses for franchised Hardees restaurants and other sources?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | Eliminations | The CKE Securitization Entities | |
|---|---|---|---|---|---|---|---|---|
| Operating costs and expenses: | ||||||||
| Franchised restaurants and other | 68,884 | _ | _ | 24,742 | _ | _ | _ | 93,626 |
| Advertising | 6,889 | _ | _ | 13,837 | _ | _ | _ | 20,726 |
| General and administrative | (2,038) | 24,442 | _ | 213 | 25,336 | _ | _ | 47,953 |
| Facility action charges, net | . (1,128) | 3,311 | 2,183 |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, the total operating costs and expenses for franchised restaurants and other sources amounted to $93,626 for Carl's Jr. Restaurants LLC, $20,726 for Advertising, and $47,953 for General and Administrative. Additionally, Facility action charges, net totaled $2,183. The total operating costs and expenses for Hardee's Restaurants LLC was $24,742 for franchised restaurants and other, and $13,837 for advertising.
These figures represent a portion of the overall financial performance of Hardees and its related entities. It's important to note that these costs are specific to the listed entities and may not reflect the expenses of an individual Hardees franchise. A prospective franchisee should carefully review the entire financial statement and consult with a financial advisor to understand the full scope of potential costs and expenses.
The FDD provides a snapshot of Hardees's financial performance, but it's crucial for potential franchisees to conduct their own due diligence and seek professional advice to assess the financial viability of a Hardees franchise. Understanding these costs is essential for developing a sound business plan and making informed decisions about investing in a Hardees franchise.