Franchise Facts Report

Franchise Facts Reportcompare → Carl's JR vs Hardee's (sla)

Carl's JR vs Hardee's (sla)

Quick-service restaurant · head-to-head from each brand's most recent FDD

Two quick-service restaurant franchises, compared on the numbers their own Franchise Disclosure Documents put on record — investment, fees, Item 19 earnings, outlet churn, and litigation. Not marketing copy.

Carl's JRHardee's (sla)
Total initial investment
FDD Item 7
$1,486,000 – $3,176,500 $57,000 – $97,000
Initial franchise fee
FDD Item 5
$25,000 $25,000
Royalty
FDD Item 6
4% 6%
Item 19 earnings disclosed
FDD Item 19
Yes Yes
Avg unit revenue (headline)
FDD Item 19
$2,230,302 $1,343,292
Franchised outlets
FDD Item 20
982 129
Net outlet change (latest yr)
FDD Item 20
-32 -5
Closure rate
FDD Item 20
2.9%
Franchisee lawsuits
FDD Item 3
4 4
Risk level
our read
High High
FDD year
registration
2025 2025

Are Carl's JR and Hardee's (sla) the same company?

No — Carl's JR and Hardee's (sla) are franchised by separate companies. Carl's JR's franchisor is CARL'S JR. RESTAURANTS LLC; Hardee's (sla)'s is HARDEE'S RESTAURANTS LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.

Cost to open

Hardee's (sla) is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $57,000 – $97,000, against $1,486,000 – $3,176,500 for Carl's JR.

How much does each make? (Item 19)

Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Carl's JR reports the higher figure ($2,230,302 vs $1,343,292). Revenue is not profit — the full report breaks out what each brand actually represents.

Closures & failure rate

Carl's JR reports 982 franchised outlets, net change -32 in the latest reported year, a 2.9% closure rate (FDD Item 20). Hardee's (sla) reports 129 franchised outlets, net change -5 in the latest reported year (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate; the full report puts both brands' churn against quick-service restaurant medians.

Litigation

Carl's JR discloses 4 franchisee-vs-franchisor proceedings in FDD Item 3. Hardee's (sla) discloses 4 franchisee-vs-franchisor proceedings in FDD Item 3.

The full side-by-side — $249

This page is the headline numbers. The Deep report compares up to three brands on the complete FDD record — every fee line, the actual Item 19 figures and what they represent, each lawsuit, and churn benchmarked against quick-service restaurant peers.

How the report works

Only looking at one of them?

Carl's JR vs Hardee's (sla) — frequently asked

Are Carl's JR and Hardee's (sla) the same company?

No — Carl's JR and Hardee's (sla) are franchised by separate companies. Carl's JR's franchisor is CARL'S JR. RESTAURANTS LLC; Hardee's (sla)'s is HARDEE'S RESTAURANTS LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.

What is the difference between Carl's JR and Hardee's (sla)?

Carl's JR and Hardee's (sla) are quick-service restaurant franchises from different franchisors (CARL'S JR. RESTAURANTS LLC and HARDEE'S RESTAURANTS LLC). Hardee's (sla) is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $57,000 – $97,000, against $1,486,000 – $3,176,500 for Carl's JR. Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Carl's JR reports the higher figure ($2,230,302 vs $1,343,292). Revenue is not profit — the full report breaks out what each brand actually represents.

Is Carl's JR more profitable than Hardee's (sla)?

Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Carl's JR reports the higher figure ($2,230,302 vs $1,343,292). Revenue is not profit — the full report breaks out what each brand actually represents.

Which is cheaper to open — Carl's JR or Hardee's (sla)?

Hardee's (sla) is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $57,000 – $97,000, against $1,486,000 – $3,176,500 for Carl's JR.

Is Carl's JR or Hardee's (sla) growing faster?

Carl's JR reports 982 franchised outlets, net change -32 in the latest reported year, a 2.9% closure rate (FDD Item 20). Hardee's (sla) reports 129 franchised outlets, net change -5 in the latest reported year (FDD Item 20).

Go deeper on each brand

Carl's JR franchise facts$1,486,000 – $3,176,500 · high risk Hardee's (sla) franchise facts$57,000 – $97,000 · high risk

Quick-service restaurant rankings

Best fast food & quick-service restaurant franchises by the FDD numbersCheapest fast food & quick-service restaurant franchises to openFast food & quick-service restaurant franchises ranked by average revenueFast food & quick-service restaurant franchises with disclosed Item 19 earningsFast food & quick-service restaurant franchises with the most franchisee lawsuitsFastest-growing fast food & quick-service restaurant franchisesLowest-churn fast food & quick-service restaurant franchisesLowest-royalty fast food & quick-service restaurant franchises

Figures are as disclosed in each brand's most recent registered FDD (Carl's JR 2025, Hardee's (sla) 2025). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.