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SUBJECT DOSSIER · FDD 2026

Hardee's - SLA Franchise

Cost, fees, owner earnings, closure rate and litigation for a Hardee's - SLA franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Quick Service Restaurants · disclosure-honesty grade · from public state filings

Disclosure honesty

B
Transparency 4 / 5

Hardee's - SLA discloses earnings (Item 19) — but the grade is how honestly. We graded it B.

Outlets1,485
Disclosed lawsuits12
Closure signals72 ceased
Investment
$1,385,000–$2,637,395
Total fees
9.5% of sales
Outlets
1,485
Closure signals
72 ceased, 12 terminated
Lawsuits
12
◢ FINDINGS
ITEM 20
72 outlets ceased operations
72 ceased operations (2026), declining franchise base (-225 net 2024–2026)
ITEM 03
12 legal matters disclosed
Litigation in Item 3 signals how the franchisor treats its franchisees.

What their own earnings claim actually says

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.

What a Hardee's - SLA franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$25,000Item 5 — paid up front, before you open
Royalty4% of gross salesItem 6 — charged on revenue, not profit
Advertising fund5.5% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees9.5% of gross salesBefore rent, labor, food or debt service
Total initial investment$1,385,000 – $2,637,395Item 7 — franchisor's own low/high estimate

Royalty 3.5–4% varies by location/term; APO 5.5% (up to 7%); HNAF 4.25% (4.5% 6/30/26); multiple tech/support fees; 2026 waived initial fees for certain takeovers

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Hardee's - SLA system size and owner turnover

Total outlets1,485
Ceased operations72
Terminated by franchisor12
Transferred to new owners10
Closure rate4.8% of outlets

72 ceased operations (2026), declining franchise base (-225 net 2024–2026)

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Hardee's - SLA worth it? — how it compares to 164 similar franchises

Ongoing fees9.5% of salessteeper than 81% of quick service restaurants franchises
Startup costfrom $1,385,000pricier than 89% of peers
Disclosure honestyGrade Bmore honest than 85% of quick service restaurants franchises
Closure rate4.8% of outletsworse than 69% of peers
Disclosed lawsuits12more litigious than 96% of peers

Benchmarked against every quick service restaurants franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Hardee's - SLA

The franchisor's framing: Average revenue FY26: franchised $1,347,436, company-operated $1,370,338. Based on 1,071 f… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Hardee's - SLA franchise — frequently asked

How much does a Hardee's - SLA franchise cost?
The FDD lists a total initial investment of about $1,385,000–$2,637,395, including a $25,000 initial franchise fee.
How much do Hardee's - SLA franchise owners make?
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. We grade this disclosure B for honesty.
What are the Hardee's - SLA franchise fees?
Hardee's - SLA's FDD discloses a $25,000 initial franchise fee, a 4% royalty on gross sales, a 5.5% advertising-fund contribution, for roughly 9.5% of gross sales in recurring fees before rent, labor, or debt service. Royalty 3.5–4% varies by location/term; APO 5.5% (up to 7%); HNAF 4.25% (4.5% 6/30/26); multiple tech/support fees; 2026 waived initial fees for certain takeovers
What is the Hardee's - SLA franchise profit margin?
Hardee's - SLA does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: 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. Recurring fees alone take about 9.5% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Hardee's - SLA franchise failure rate?
72 ceased operations (2026), declining franchise base (-225 net 2024–2026)
How many Hardee's - SLA locations are there?
Hardee's - SLA's FDD reports 1,485 total outlets, with 72 that ceased operations in the most recent reporting year and 10 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Hardee's - SLA have complaints or lawsuits?
Hardee's - SLA discloses 12 legal matters in Item 3 of its FDD. Item 3 covers the franchisor's litigation history, which is the closest thing to a public record of how it treats franchisees — read the case descriptions, not just the count.
Is a Hardee's - SLA franchise worth it?
It depends on the numbers, not the pitch. Hardee's - SLA scores B on disclosure honesty, carries about 9.5% of sales in ongoing fees, and discloses 12 legal matters. Get the real owner take-home before you sign.

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Source: WI DFI Franchise Registration (2026). FranchiseValidate is independent and not affiliated with Hardee's - SLA or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.