Hardee's

Financing

A Hardee's franchisee says it was sold a bill of goods, leading to its bankruptcy

Superior Star, a 59-unit operator in the Midwest, blamed its recent Chapter 11 filing on “unexpected expenses” related to poor maintenance of the restaurants it acquired in 2023.

Financing

A large Hardee's franchisee declares Chapter 7 bankruptcy

ARC Burger is seeking debt protection after its 77 Hardee’s restaurants were terminated and then closed last year amid a legal dispute with the fast-food chain.

The fast-food burger chain sued ARC Burger, a 77-unit franchisee that bought the restaurants out of bankruptcy just two years ago, over unpaid royalties, rent and marketing funds.

The fast-food chain argues in a counterclaim against Paradigm Investment Group that the operator is the only traditional franchisee not complying with rules on operating hours and digital orders.

The Bottom Line: More than half of the private-equity firm’s restaurant chains shrunk last year, including Arby’s, Subway and Sonic. And only six of its chains, not counting Dave’s, grew more than average.

The Bottom Line: Data from Hardee’s franchise disclosure document reveals that restaurants with speedier drive-thrus and better online reviews generate stronger sales.

The Bottom Line: Filings in a lawsuit against the fast-food chain show a steep dropoff in business at its restaurants as the day goes on.

A 76-unit franchisee out of Tennessee, Alabama, Mississippi and Florida that doesn’t accept digital orders or keep restaurants open for dinner has sued the fast-food chain to stop a termination effort.

Crunch, creaminess and other textural food components are becoming as important as flavor when it comes to menu innovation.

The former Church’s Texas Chicken chief executive will take over leadership of the struggling, Roark Capital-owned burger chains.

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