Franchise Facts Report

Franchise Facts Report → compare → Carl's Jr vs Qdoba

Carl's Jr vs Qdoba

Quick-service restaurant · head-to-head from each brand's most recent FDD

Two quick-service restaurant franchises, compared on the numbers their own Franchise Disclosure Documents put on record — investment, fees, Item 19 earnings, outlet churn, and litigation. Not marketing copy.

Carl's JrQdoba
Total initial investment
FDD Item 7
$1,486,000 – $3,176,500 $476,800 – $1,096,700
Initial franchise fee
FDD Item 5
$25,000 $30,000
Royalty
FDD Item 6
4% 5%
Item 19 earnings disclosed
FDD Item 19
Yes Yes
Avg unit revenue (headline)
FDD Item 19
$1,373,117 $1,303,054
Franchised outlets
FDD Item 20
982 447
Net outlet change (latest yr)
FDD Item 20
-32 +41
Closure rate
FDD Item 20
2.9% 3.2%
Franchisee lawsuits
FDD Item 3
4 disclosed
Risk level
our read
High Medium
FDD year
registration
2025 2023

Are Carl's Jr and Qdoba the same company?

No — Carl's Jr and Qdoba are franchised by separate companies. Carl's Jr's franchisor is CARL'S JR. RESTAURANTS LLC; Qdoba's is Qdoba Restaurant Corporation. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.

Cost to open

Qdoba is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $476,800 – $1,096,700, against $1,486,000 – $3,176,500 for Carl's Jr.

How much does each make? (Item 19)

Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Carl's Jr reports the higher figure ($1,373,117 vs $1,303,054). Revenue is not profit — check each Item 19 for which units the figure covers.

Closures & failure rate

Carl's Jr reports 982 franchised outlets, net change -32 in the latest reported year, a 2.9% closure rate (FDD Item 20). Qdoba reports 447 franchised outlets, net change +41 in the latest reported year, a 3.2% closure rate (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate.

Litigation

Carl's Jr discloses 4 franchisee-vs-franchisor proceedings in FDD Item 3. Qdoba discloses litigation in FDD Item 3 (each case is described there).

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Carl's Jr vs Qdoba — frequently asked

Are Carl's Jr and Qdoba the same company?

No — Carl's Jr and Qdoba are franchised by separate companies. Carl's Jr's franchisor is CARL'S JR. RESTAURANTS LLC; Qdoba's is Qdoba Restaurant Corporation. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.

What is the difference between Carl's Jr and Qdoba?

Carl's Jr and Qdoba are quick-service restaurant franchises from different franchisors (CARL'S JR. RESTAURANTS LLC and Qdoba Restaurant Corporation). Qdoba is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $476,800 – $1,096,700, against $1,486,000 – $3,176,500 for Carl's Jr. Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Carl's Jr reports the higher figure ($1,373,117 vs $1,303,054). Revenue is not profit — check each Item 19 for which units the figure covers.

Is Carl's Jr more profitable than Qdoba?

Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Carl's Jr reports the higher figure ($1,373,117 vs $1,303,054). Revenue is not profit — check each Item 19 for which units the figure covers.

Which is cheaper to open — Carl's Jr or Qdoba?

Qdoba is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $476,800 – $1,096,700, against $1,486,000 – $3,176,500 for Carl's Jr.

Is Carl's Jr or Qdoba growing faster?

Carl's Jr reports 982 franchised outlets, net change -32 in the latest reported year, a 2.9% closure rate (FDD Item 20). Qdoba reports 447 franchised outlets, net change +41 in the latest reported year, a 3.2% closure rate (FDD Item 20).

Go deeper on each brand

Carl's Jr franchise facts$1,486,000 – $3,176,500 · high risk Qdoba franchise facts$476,800 – $1,096,700 · medium risk

Quick-service restaurant rankings

Best fast food & quick-service restaurant franchises by the FDD numbersCheapest fast food & quick-service restaurant franchises to openFast food & quick-service restaurant franchises ranked by average revenueFast food & quick-service restaurant franchises with disclosed Item 19 earningsFast food & quick-service restaurant franchises with the most franchisee lawsuitsFastest-growing fast food & quick-service restaurant franchisesLowest-churn fast food & quick-service restaurant franchisesLowest-royalty fast food & quick-service restaurant franchises

Figures are as disclosed in each brand's most recent registered FDD (Carl's Jr 2025, Qdoba 2023). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.