Hardee's vs Lick's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hardee's vs Lick's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hardee's Franchise
Lick's Franchise
Investment $1,454,000 - $2,046,000$495,000 - $595,000
Franchise Fee $25,000 - $35,000$45,000
Royalty Fee 4%-
Advertising Fee 5.5%-
Year Founded 1961-
Year Franchised 1962-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee Varies-


Business Experience Requirements
 
Hardee's Franchise
Lick's Franchise
Experience
  • Industry experience
  • General business experience
  • Preferable operational experience in a restaurant, but will consider people who have owned their own business
    		• -

    Financing Options
     
    Hardee's Franchise
    Lick's Franchise
      In-House/3rd PartyIn-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
     
    Hardee's Franchise
    Lick's Franchise
    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
     
    Hardee's Franchise
    Lick's Franchise
    US Expansion Yes-
    Canada Expansion NoYes
    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.

    ""    "Entrepreneur

    "franchiserankingscom"
    #74 on Franchise Rankings.com
    #79 in Franchise 500 for 2020.
    #269 in Franchise 500 for 2021.






    About Lick's

    Opportunities exist for highly motivated, energetic individuals with excellent people skills and the ability to communicate enthusiasm, who share our passion for success and commitment to quality. Get the Lick's Advantage! Lick's offers a "turnkey operation", planning, design, & construction, training, hiring, training of staff, pre-opening assistance, on going support and guidance, operating manuals, recipes and menus, accounting services, purchasing, advertising and promotion. Lick's will assist you with site selection and lease negotiations, and will provide all the necessary planning, design and construction of your store. Lick's provides an extensive, mandatory training program complete with comprehensive manuals for all potential franchisees. Before you open, you will be provided advice and assistance in the hiring and training of required staff and a trained Lick's representative will spend a minimum of four weeks with you at your store to assist in the set up and opening operations. Following this, Licks will provide any and all necessary supervision, consultation and assistance as determined by the Lick's Inspection and support program. You will automatically become a part of the centrally controlled Lick's supply system for food, beverages, paper and other supplies. Lick's also administers a central advertising and promotion fund for highly efficient, cost effective marketing programs and in-store promotions. Lick's is now aggressively developing franchise locations in Ontario and Master Franchise opportunities outside the Ontario Region.