Franchise News

Hardee's Location: 60 New Stores to Open in Minneapolis in Coming Years

Jul 16, 2012 11:09 AM EDT | By Zanub Saeed

By Zanub Saeed

Executives for CKE Restaurants, Inc., recently discussed the decision to expand their Hardee's franchise in Minneapolis, where it was announced that more than 60 new restaurants will opening in the major Minnesota city within the next few years.

For those potential franchise owners interested in owning one of the several dozen new Hardee's being considered for development in the Minneapolis area within the next several years, the company will host an Executive Roundtable on July 31 in the city to discuss the top, said a press release issued by CKE Restaurants, Inc. on Monday. The roundtable discussion will take place from noon to 2:00pm local time, and the executives for Hardee's will discuss the benefits of owning one of their restaurants in the area, and how it will benefit the local market, noted the press release.

"Hardee's is ranked among the highest quality and best tasting brands in the burger segment and is recognized for our consistent track record of sales growth and solid unit economics," Jim Sullivan, CKE's Sr. Vice President of Domestic Franchise Development, was quoted as stating for the press release. "We are excited to expand in the Minneapolis area, and we're now looking for experienced multi-unit operators to join the brand. Our commitment at Hardee's to serve premium-quality, great-tasting food is rivaled only by our commitment to the success of our franchisees.

Those interested in potentially being a future Hardee's owner must own a minimum net worth of $1 million, noted the press release, and a minimum liquidity of $300,000. Those who want to open a Hardee's must be willing to invest an initial $1.1 million, including a franchise fee. More information for franchisees can be found on CKE Restaurants' website.

Hardee's fast food chains have been open since 1960, and have stores located all around the country. Some of their most famous menu items include the Made from Scratch Biscuits, 100 percent Black Angus Beef Thickburgers, and even the Mexican Red Burrito.

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