Hardee's vs Back Yard Burgers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hardee's vs Back Yard Burgers 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 | $465,000 - $1,680,000 |
Franchise Fee |
$25,000 - $35,000 | $35,000 |
Royalty Fee |
4% | 5% |
Advertising Fee |
5.5% | 3% |
Year Founded |
1961 | 1986 |
Year Franchised |
1962 | 1988 |
Term Of Agreement |
20 years | 10 years |
Term Of Agreement |
20 years | 10 years |
Renewal Fee |
Varies | $1K |
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/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
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 | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
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. |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 35
Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
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 Back Yard Burgers
What started as a premium quality burger sold in a grocery store in
Cleveland, Mississippi in 1987 quickly caught fire. Lattimore "Lattie”
Michael realized he had a recipe for success and thus opened the first Back Yard Burgers drive-thru restaurant. Customers flocked to it, eating
up the fresh-grilled burgers, great conversation and the neighborly
feel that reminded them of their backyard cookouts. A year later, Back
Yard Burgers opened up in Tennessee and Florida. And the rest is
delicious history.
WHY BE A BACK YARD BURGERS FRANCHISEE?
*Uniqueness - back yard flavor
*A proven brand with a solid operating system
*Growth free standing building
*Unique development opportunities
*Non universities, c-stores and professional sports
*Strong positioning
*Signature products
*Persuasive, professional marketing
*Operations support
*Exclusive Territories