Major Burger Franchisee With 65 Locations Files for Bankruptcy ...Saudi Arabia

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Harshad Dharod, who is the founder of the company Friendly Franchisees Corporation, owns 65 Carl's Jr. restaurants in California.

The About page on the Friendly Franchisees Corporation website shares that Dharod came to the U.S. from India as a teenager to pursue an education in medicine.

Eventually, Dharod sold his Jack in the Box restaurants and purchased other brands. In 2006, an article on Dharod shared on the website Franchising.com noted that he first developed a portfolio of Papa John's pizza locations.

He said, "That was probably the biggest and the best move I made in my life—becoming a part of the Carl's Jr. system."

The website received a statement from the franchisor stating they were aware of Dharod's filing. The company noted, "This situation is specific to this individual's financial and business circumstances."

Restaurant Dive indicates that as of 2025, there were a total of 588 Carl's Jr. locations in California. The Carl's Jr. website indicates that nationwide, there are more than 1,100 locations across 14 states.

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