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Hardee's - SLA vs Newk's and Newk's Eatery — which franchise is the better buy?
Side by side from the public FDDs — no franchisor spin.
| Hardee's - SLA | Newk's and Newk's Eatery | |
|---|---|---|
| Disclosure honesty | B | B |
| Investment from | $1,385,000 | $927,500 |
| Total fees | 9.5% | 6.75% |
| Outlets | 1,485 | 97 |
| Lawsuits | 12 | 0 |
Hardee's - SLA: what their numbers say
Average revenue FY26: franchised $1,347,436, company-operated $1,370,338. Based on 1,071 franchised freestanding restaurants. 50.1% met/exceeded average. Range $413,015–$3,599,953.
Newk's and Newk's Eatery: what their numbers say
Company-owned restaurants: AUV $2.19M, EBITDA 16.18%. Franchised: AUV $2.36M. Data from 88 restaurants open since July 2023. Unaudited.
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