Hardee's vs McDonald's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hardee's vs McDonald's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,454,000 - $2,046,000 | $1,314,500 - $2,306,500 |
Franchise Fee |
$25,000 - $35,000 | $45,000 |
Royalty Fee |
4% | 4% |
Advertising Fee |
5.5% | 4%+ |
Year Founded |
1961 | 1955 |
Year Franchised |
1962 | 1955 |
Term Of Agreement |
20 years | 20 years |
Term Of Agreement |
20 years | 20 years |
Renewal Fee |
Varies | $45K |
Business Experience Requirements |
Experience |
Industry experience General business experience Preferable operational experience in a restaurant, but will consider people who have owned their own business | Industry experience General business experience Marketing skills |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
Available at franchisee's location, 8 weeks management training & at grand opening |
On-The-Job Training: 500 hours
Classroom Training: 72 hours
Additional Training: At local McDonald's restaurant
|
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
|
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. |
82% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
About Hardee's
Hardee's was founded in 1960 by Wilbur Hardee and has grown to more
than 2,000 restaurants around the world. CKE Restaurants acquired
Hardee's in 1997 and now, along side Carl's Jr., Hardee's is part of one
powerful concept with two global banners. Hardee's is a platform for
success for operators around the world.
Over the years, Hardee's has continued its growth
with an emphasis on quality, service, and cleanliness, pioneering
concepts such as partial table service and self-serve beverage bars. The
introduction of our Fresh Baked Buns™ in 2013 and our All Natural
Burger™ in 2015 confirm our constant emphasis on product innovation and
represent our focus on satisfying the tastes of young, hungry consumers.
#74 on Franchise Rankings.com
#79 in Franchise 500 for 2020.
#269 in Franchise 500 for 2021.
About McDonald's
Ray Kroc, a milkshake mixer salesman, ventured to California in
1954 to visit McDonald's hamburger stand, where he heard they were
running eight mixers at once. Kroc was impressed by how rapidly
customers were served and, seeing an opportunity to sell many more
milkshake machines, encouraged brothers Dick and Mac McDonald to open a
chain of their restaurants. Kroc became their business partner and
opened the first McDonald's in Des Plaines, Illinois in 1955.
McDonald's brand is in 122 countries around the world. Thirty thousand locations serve 51 million customers each day. More than 70 percent of McDonald's restaurants around the world are owned and operated by independent local business people.
Most standalone McDonald's restaurants offer both counter and drive-through service, with indoor and sometimes outdoor seating. The Drive-Thru, Auto-Mac, or McDrive as it is known in many countries, often has separate stations for placing, paying for, and picking up orders, though the former two steps are frequently combined. In some countries "McDrive" locations near highways offer no counter service or seating. In contrast, locations in high-density city neighborhoods often omit drive-through service.
#7 on Franchise Rankings.com
#3 in Canada's top franchises.
#3 in Franchise 500 for 2020
#11 in Franchise 500 for 2021