, Australia
938 view s
/Carl's Jr.

Carl’s Jr targets 200 restaurant openings 

The brand’s parent company has invested in CJ’s QSR Group.

Carl’s Jr is targeting over 200 restaurant openings as CKE Restaurants, the parent company of Carl’s Jr, invests in convertible notes with CJ’s QSR Group, the master franchisor for the brand in Australia.

According to CJ’s QSR Group Managing Director Andrew Firn, this investment will enable the group to expand the Carl’s Jr. brand in Australia more rapidly, with plans to open new locations in key markets across the country. 

“We have ambitious plans to open hundreds of new locations in the coming years and introduce exciting new menu items that will continue to set us apart in the highly competitive QSR marke. With the support of CKE Restaurants, we are confident that we will be able to achieve our goals and continue to provide our customers with the high-quality, innovative dining experience that they have come to expect from us,” Firn said.

The convertible note is a unique financing instrument that provides CJ’s QSR Group with flexibility and the ability to convert debt into equity in the future. This structure aligns the interests of both CKE Restaurants and CJ’s QSR Group and ensures that both parties are committed to the long-term success of the Carl’s Jr. brand in Australia.
 

Follow the link for more news on

Join QSR Media Australia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!