Multi-Unit Franchisee Magazine 2012 Buyer's Guide | Page 35

MULTI-UNIT Buyer’s Guide FOOD Demographics Carl’s Jr.® - Residential population: 25,000+; Daytime population: 11,000; 55% 18-49; Annual growth rate: 2.5%; Home ownership 66%; Average household income $35,000+ OPPORTUNITY Description At CKE Restaurants, The Food is the Franchise®, and Franchisees Are Our Future. Our best-in-class menu consistently out-delivers the competition. CKE’s innovative menu strategy is focused on developing premium, sit-down restaurantquality menu items that offer the convenience and value of fast food. The Carl’s Jr.® and Hardee’s® menus are designed to give fast-food customers what they want: bigger, better burgers. Carl’s Jr.® and Hardee’s® use edgy, irreverent advertising to create two of the strongest and most recognized brands in the industry. SITE LOCATION Hardee’s® - Residential population: 25,000+; Daytime population: 11,000; 55% 18-49; Annual growth rate: 2.5%; Home ownership 66%; Average household income $30,000+ Rankings & Awards Fast Franchise Facts Franchising Since: Carl’s Jr.® founded 1941 | Hardee’s® founded 1961 Both Carl’s Jr.® and Hardee’s® rank among the top 3 hamburger brands in the Entrepreneur Magazine 2012 Franchise 500. Multi-Unit Franchisee Operating Units: Carl’s Jr.®: 96.6% of stores, 75.3% of Franchisees Hardee’s®: 96.1% of stores, 60.3% of Franchisees Total Franchise Operating Units: Carl’s Jr.®: 692 | Hardee’s®: 1,294 Company Operating Units: Carl’s Jr.®: 425 | Hardee’s®: 469 Qualifications Capital Investment: Carl’s Jr.®: $1.3 million+ | Hardee’s®: $1.1 million+ CKE Restaurants is seeking exceptional franchise candidates who have experience operating multiple restaurant and/ or hospitality locations and the ability to acquire prime commercial real estate. We require our candidates to have substantial financial resources, with a minimum of $300,000 in liquid assets and a minimum net worth of $1,000,000 per unit developed, with a minimum 3-store commitment. Assistance Franchise Fee (per unit): $35,000 with a reduction for additional units CKE provides franchisees with the development tools they need to grow. CKE assists with site selection, restaurant design, equipment ordering, construction and training. CKE offers a flexible building prototype designed to manage upfront restaurant costs. Royalty Fee (per unit): 4% Advertising fee (per unit): Carl’s Jr.® 5.5% | Hardee’s® 5% Earnings Claims: Yes Build-Out Options: Free Standing with Drive-Thru, Airport & Mall locations, Colleges & Universities, Sports Stadiums & Arenas, Build-to-Suit Opportunities Available Territories: Carl’s Jr.®: Western U.S. & International; Hardee’s®: Midwestern, Southern & Eastern U.S. Contact Michael D’Arezzo VP Franchise Sales North America, Carl’s Jr.® Tricia More Director of Franchise Sales North America, Hardee’s® (866) 253-7655 www.ckefranchise.com MULTI-UNIT BUYER’S GUIDE 2012 33