Hardee's operates quick-service restaurants serving charbroiled burgers, chicken, breakfast items, and other fast food options. The franchise specializes in premium, made-from-scratch menu items including thickburgers and hand-breaded chicken in standard restaurant locations.
Key Insights
- Hardee's Traditional began its journey serving familiar American favorites, building a legacy of consistent quality and widespread recognition. The business has evolved to offer a menu rooted in classic flavors, providing a reliable dining experience for customers and a proven operational model for franchisees.
- The franchise operates primarily through a fast-casual restaurant model, emphasizing convenient service and value. This approach allows for efficient order fulfillment and a focus on core menu items, making it a familiar and accessible dining choice for a broad customer base.
- The fast-food industry is a significant segment of the food service market, characterized by high consumer demand for quick and affordable meal options. Hardee's Traditional is positioned within this dynamic sector, catering to the ongoing preference for convenient eating solutions.
Franchise Fee and Costs to Open
Exploring the financial picture of Hardee's Traditional gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $1,375,000 - $2,637,395, along with a franchise fee of $25,000 - $25,000.
Financial Performance and Revenue
Yearly gross sales of $1,238,549 and estimated earnings of $148,626 - $185,783 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 12.5-14.5 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Hardee's Traditional provides new franchisees with comprehensive training and resources. Initial training, lasting two weeks, is conducted at Hardee's corporate training center. This program offers guidance on all facets of restaurant operation. The franchisor also provides operational manuals and marketing materials to support franchisees. Hardee's Traditional recommends utilizing these resources to establish a successful business.
Legal Considerations
Legal considerations for a Hardee's Traditional franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Hardee's Traditional franchise involves considerations like navigating established local competition, managing the daily operational demands of food service, and maintaining consistent product availability through reliance on designated supply chains. Understanding these facets is key to successful franchise ownership.
Franchise Datasheet
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