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CKE sells 30 Hardee's restaurants in Kansas City
December 4, 2007
CARPINTERIA, Calif. — Hardee's parent CKE Restaurants Inc. has announced the sale of 30 restaurants in its Kansas City market to Rising Stars LLC as part of its ongoing strategic refranchising program that originally was announced inApril 2007.
Rising Star owners Steve Rosenfield and Buddy Brown currently operate Hardee's restaurants in Georgia, Montana and Wyoming, as well as Carl's Jr. restaurants in Colorado.
CEK's refranchising initiative is expected to involve approximately 200 Hardee's restaurant locations in a number of markets across the Midwest and Southeast. To date, the company has sold 136 restaurants to franchisees and secured commitments for 59 new franchise restaurants under development agreements for those markets.
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