CKE Restaurants Announces Franchise Agreements for 51 New Carl's Jr. Units
Carl's Jr. to expand in Las Vegas, Reno & Idaho
Carpinteria, Calif.,(BUSINESS WIRE) -- CKE Restaurants, Inc. (NYSE:CKR) today announced three franchise agreements that will result in the opening of 51 new Carl's Jr.(R) restaurants in Nevada and Idaho over the next decade. "These three agreements speak volumes to the commitment and strength of CKE's franchisee community," said CKE Restaurants, Inc. president and CEO Andrew F. Puzder. "Our franchisees know that when they open a Carl's Jr. restaurant, they are getting more than just a premium-quality brand, they are partnering with a company that is committed to their success."
Steve Larson, owner of S.L. Investments, Inc., has been the Las Vegas franchisee for 23 years and currently owns and operates 30 restaurants. Committed to opening 30 new locations in the next ten years, Larson commented, "The future of the Las Vegas market is a winning bet. We look forward to doubling our presence in the community, and continuing to serve our customers high quality food, in clean, pleasant surroundings, fast and at a profit, into the next decade and beyond."
Franchise expansion in Idaho will include 12 new Carl's Jr. restaurants over the next six years -- six units in the Pocatello and Idaho Falls area, three in Twin Falls and three additional units in Boise. Franchisees John Nelson and Clayton Jones currently operate nine Carl's Jr. restaurants under their Green Star Foods and CJ Star corporations.
Existing franchisee Behnam Rodd of BR Reno Star will open nine new Carl's Jr. restaurants in the Reno area over the next eight years. Rodd owns two Carl's Jr. units in Los Angeles and recently acquired seven units in Reno.
About CKE Restaurants, Inc.
Headquartered in Carpinteria, Calif., CKE Restaurants, Inc. is publicly traded on the New York Stock Exchange under the symbol "CKR". As of the second fiscal quarter ended August 11, 2008, CKE Restaurants, Inc., through its subsidiaries, had a total of 3,100 franchised or company-operated restaurants in 42 states and in 14 countries, including 1,170 Carl's Jr. restaurants and 1,917 Hardee's restaurants.
SOURCE: CKE Restaurants, Inc.