
START A MEGAFRANCHISE CHAIN WITH HARDEE’S MEGABURGERS
Initial fee: | $35,000 |
Royalty fee: | 4% |
Total investment: | $1,085,000 - $1,583,500 |
Term of agreement: | 20 years, renewable |
Branch: | Food: Burgers, chicken, biscuits |
Meet Hardee’s, the company with the highest franchisee satisfaction rate. 100% of all franchisees own more than one restaurant. The first franchise started operating only five months after the company was found in 1960.
In the beginning, clients were served biscuits, but the market has changed and since 2003 Hardee’s has focused on the Thickburgers line of premium Black Angus Beef burgers.
Hardee’s has more than 1,900 locations in the Americas, Asia and the Middle East. It has concentrated in developing the markets where it has presence rather than entering new unfamiliar ones.
If you have a vision for growth, be sure that you would be appreciated at Hardee’s. The company encourages entrepreneurs who are interested in multi-unit purchases. Usually, they would be granted the complete franchise rights for a specific area. This is valid especially for international candidates. Hardee’s requires a commitment for a minimum of 25 units. Of course, the company will review this requirement for smaller territories.
What support do you get? For one thing, Hardee’s will help you with construction plans and design prototypes for your restaurant. However, it will not finance the construction of the site. The company will provide equipment, food and supplies for your restaurant, as well as periodic information for operation procedures. You will also receive updates on product improvements and marketing strategies. Ongoing trainings are also included in the franchise fee.
Hardee’s is the fifth largest fast-food restaurant chain in the US. While competitors highlight their healthy menus, Hardee’s emphasizes on the Monster Thickburger. It has more than 1,400 calories and 107 grams of fat in one serving. The megaburger shows that the company is not afraid to be unique.