Hardee’s FDD Summary
Type of Business
The franchisee will operate either a quick service restaurant under the name “Hardee’s,” offering a limited menu of breakfast, lunch and dinner products and featuring charbroiled 100% Black Angus Thickburger sandwiches, Hand-Breaded Chicken Tenders, Made from Scratch Biscuits, and other related quick serve menu items (“Hardee’s Restaurant”), or a quick service restaurant under the names “Hardee’s” and “Red Burrito,” featuring, in addition to the products previously mentioned, a limited menu of Mexican food products (“Dual Concept Restaurant”).
Hardee’s Restaurants LLC, is a Delaware limited liability company organized on January 30, 2013. HR’s principal place of business is 100 N. Broadway, Suite l200, St. Louis, Missouri 63102. They do business under the name “Hardee’s” and the name “Red Burrito” in conjunction with the “Hardee’s” name. They have operated, and offered franchises for, Hardee’s Restaurants and Dual Concept Restaurants since April l, 2013. Their predecessor is Hardee’s Food Systems, Inc., a North Carolina corporation incorporated on December 7, 1960.
The total investment necessary to begin the operation of a newly-developed Hardee’s Restaurant ranges from approximately $1,302,300 to $1,591,600. This includes $10,000 to $45,000, which must be paid to us. The total investment range does not include the cost of buying or renting the business location.
The total investment necessary to begin the operation of a newly-developed Dual Concept Restaurant ranges from approximately $1,325,800 to $1,612,100. This includes $15,000 to $57,500, which must be paid to us. The total investment necessary to convert an existing Hardee’s Restaurant to a Dual Concept Restaurant ranges from approximately $36,800 to $67,800. This includes $5,000 to $12,500, which must be paid to us. The total investment ranges do not include the cost of buying or renting the business location.