CKE Sells 29 QSRs In Refranchise Plan

  • September 3, 2008
CKE Restaurants, Inc. Carpinteria, Calif.-based parent of the Hardee's restaurant chain, has sold 29 of the quick-serve stores as part of a year-and-a-half-old refranchise program. The company says it has sold 224 restaurants to franchisees and secured commitments for 105 new franchise restaurants under development agreements for those markets.

Through its subsidiaries, CKE has 3,101 franchised, licensed or company-operated restaurants in 42 states and in 13 countries, including 1,162 Carl's Jr. restaurants and 1,923 Hardee's restaurants.--Karl Greenberg

Next story loading loading..