FDD Year-over-Year Comparison
Carl's Jr. FDD: What Changed from 2025 to 2026
Carl's Jr.'s 2026 FDD lists an Item 7 estimated initial investment of $1,488,000–$3,304,700, against $1,486,000–$3,176,500 in the 2025 filing.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $1,486,000 | $1,488,000 | +$2,000 (+0.1%) |
| High end of range | $3,176,500 | $3,304,700 | +$128,200 (+4.0%) |
| Full range | $1,486,000–$3,176,500 | $1,488,000–$3,304,700 | |
The 2026 filing puts the Item 7 estimated initial investment at $1,488,000–$3,304,700, against $1,486,000–$3,176,500 in the 2025 filing.
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change |
|---|
| Total outlets (Item 20) | 1,032 | 992 | −40 (−3.9%) |
Carl's Jr. reports 992 outlets in the 2026 FDD, versus 1,032 in the 2025 filing (−40 (−3.9%)).
Item 19 — Financial Performance Representations
Carl's Jr. included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open a Carl's Jr. franchise change in the 2026 FDD?
The 2026 FDD for Carl's Jr. states an Item 7 estimated initial investment of $1,488,000–$3,304,700, against $1,486,000–$3,176,500 in the 2025 filing. The low end moves from $1,486,000 to $1,488,000 (+$2,000 (+0.1%)) and the high end moves from $3,176,500 to $3,304,700 (+$128,200 (+4.0%)).
How many locations does Carl's Jr. have?
The 2026 FDD for Carl's Jr. reports 992 outlets in Item 20, against 1,032 in the 2025 filing — 40 fewer.
Does Carl's Jr. disclose financial performance in its FDD?
Carl's Jr. included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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