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Hardee's
The Hardee's® brand is one of America's Premier Burger Brands and is the Home of the Thickburger®. Established in 1961, Hardee's® operates or franchises over 1,900 quick service restaurants in 30 U.S. states and 9 countries. The Hardee's® menu consists of charbroiled "Made-to-order" Thickburgers™, Made from Scratch® biscuits. Hand-Scooped Shakes and Malts™, and a distinctive variety of charbroiled and crispy chicken sandwiches.
Franchisor Background
Year Established:
1961
Franchising Since:
1961
IFA Member
Operating Units:
Franchised Units:
1,448
75.5%
Company-Owned Units:
469
24.5%
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_____
Total Operating Units:
1,917
100%
Geographic Distribution:
U.S.:
1,710
89.6%
In 30 States
Canada:
0
0%
In 0 Canadian Provinces
International:
198
10.4%
In 9 Foreign Countries
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_____
Total:
1,908
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. North Carolina
235
2. Virginia
183
3. Tennessee
151
Registered in Following Registration States:
Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$1MM
Cash Investment:
$300K
Total Investment:
$1.1-1.5MM
Average Total Investment:
$1300K
Fees:
Initial Franchise Fee:
$35K
Average Franchise Fee:
$35K
On-Going Royalty:
4%
Average Royalty:
4%
Advertising Fee:
5% Min.
Average Number of Employees:
15 Full-time
Space Needs (in square footage):
2,447
Preferred Sites:
Free-standing Building, Strip Center, Regional Mall
