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Updated RecentlyHardee's vs Foster's Grille Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hardee's vs Foster's Grille including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,454,000 - $2,046,000 | $291,700 - $538,100 |
| Franchise Fee | $25,000 - $35,000 | $35,000 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 5.5% | - |
| Year Founded | 1961 | 1999 |
| Year Franchised | 1962 | 2005 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | Varies | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| 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 |
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| 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 |
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| 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.
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#74 on Franchise Rankings.com
#79 in Franchise 500 for 2020.
About Foster's Grille
Great food and good times are always on tap at Foster’s Grille, your
friendly neighborhood gathering place. Simple, fresh food. Served fast
and made to order. From our famous Charburgers to our jumbo wings,
extra-thick shakes and hand-cut fries, Foster’s is your go-to place to
join the family for dinner, catch the big game, relax for a few happy
hours or just grab take-out on the way home. It’s always the right time
for Foster’s.