Carls Jr. Hamburger Franchise

At Carl´s Jr.®, the Food is the Franchise®. We are known for our best-in-class menu that consistently out-delivers the competition. Over the last 65+ years, Carl´s Jr.® has built a reputation as America´s premier burger chain, and is known as the place to go for big, juicy, delicious charbroiled burgers. Multi-unit franchise territories are available for highly-qualified, experienced candidates in the Western U.S. and international markets.

Carl´s Jr.® is a wholly-owned subsidiary of CKE Restaurants, Inc., a publicly traded company listed on the New York Stock Exchange (ticker symbol: CKR). The CKE system includes more than 3,115 restaurants in 42 states and in 17 countries, with more than 1,190 Carl´s Jr.® restaurants and 1,915 Hardee´s® restaurants.

Carl´s Jr.® is focused on constant innovation and a desire to satisfy the tastes of young, hungry consumers through our premium menu and edgy, memorable advertising. We are known for introducing the 100% Black Angus beef Six Dollar Burger® line, the first sit down restaurant style burgers in the quick service industry. Available in a total of six craveable varieties, these gourmet burgers are complemented by our premium Hand-Scooped Ice Cream Shakes & Malts™.

With many years of remarkable growth and performance, Carl´s Jr.® has become the greatest franchise story of our time. Carl´s Jr.® has had seven consecutive years of same-store sales growth. Over the last 6 years, Carl´s Jr.® has had a 31.5% increase in AUV, which was US$1.493 million in FY 2008.

[The figures presented have been excerpted from the Financial Performance Representation in the 2008 Carl Karcher Enterprises, Inc. Franchise Disclosure Document. These figures represent averages across company-operated restaurants in the United States. Individual performance will vary.]

Minimum Financial Requirements*	Net Worth US$1,000,000 Liquid Assets: US$300,000
Experience	Previous franchise or restaurant experience
Multi-Unit Development	3 restaurant minimum
Development Fee*	US$10,000
Franchise Fees	US$25,000 (1st and 2nd) US$20,000 (3rd and 4th) US$15,000 (5th or more)
Total Estimated Initial Investment*	US$1.3 million+**
Royalty Fee	4% of gross sales
Unit Size	2,450 sq. ft. to 3,212 sq. ft. (w/o playground)
Term of Franchise Agreement	20 years
Franchise Traning	12 weeks of hands-on management training