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CKE Restaurants signs franchise agreement to open 121 Carl's Jr. units in Texas

CKE Restaurants, Inc. announced recently that it has entered into a franchise development agreement with RWJP Star Enterprises to open a minimum of 121 Carl's Jr.(R) restaurants in the Dallas/Ft. Worth, Houston, Tyler/Longview and Beaumont, Texas markets over the next 10 years. According to the information provided, Carl's Jr. currently has sixteen franchised units in Texas, including seven in El Paso, five in the greater Dallas area, two in Wichita Falls, one in San Antonio, and one in Laredo.

This agreement is, the company says, the latest step in its program to increase overall unit growth, particularly franchise unit growth. For fiscal 2009 to date, the company has entered into a total of 18 franchise development agreements representing commitments for 375 restaurants, consisting of 231 domestic units and 144 international units, including agreements to enter three new countries - China, Pakistan and Kazakhstan. Over the next five years, the company is expecting to add more than 800 new restaurants to its global store base. In the process, franchised restaurants should increase from 68.5% of the system to approximately 75% and international locations should increase from 10% of the system to approximately 20 percent.

Headquartered in Carpinteria, Calif., CKE Restaurants, has a total of 3,110 franchised, licensed or company-operated restaurants in 42 states and in 14 countries, including 1,185 Carl's Jr. restaurants and 1,912 Hardee's restaurants. (kbp)


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