Hardee's vs Good Times Burgers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hardee's vs Good Times 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 | $750,000 - And Up |
Franchise Fee |
$25,000 - $35,000 | N/A |
Royalty Fee |
4% | 4% |
Advertising Fee |
5.5% | up to 5.5% |
Year Founded |
1961 | - |
Year Franchised |
1962 | - |
Term Of Agreement |
20 years | 15 years |
Term Of Agreement |
20 years | 15 years |
Renewal Fee |
Varies | - |
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 | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
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 | - |
Marketing |
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. | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
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 Good Times Burgers
Good Times offers a concept that serves success, opportunity and fun. We provide our franchisees with a high level of support and personal care throughout the franchise process. Good Times seeks both individual and multi-unit development franchisees for development in western and mid-western markets.
We are a quick service restaurant chain serving a high quality, fresh,
unique, proprietary selection of hamburgers made with Meyer All-Natural,
All-Angus beef, All-Natural chicken from Springer Mountain Farms, Hatch
Valley Green Chile Breakfast Burritos, signature Wild Fries and Natural
Cut Fries, Beer Battered Onion Rings and fresh, creamy Frozen Custard
in a variety of flavors, hand-spun shakes and Spoonbenders.