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CKE continues refranchising effort with sale of 26 Hardee’s units

CARPINTERIA Calif. CKE Restaurants Inc., based here, has sold 26 Hardee’s restaurants to a franchisee in Illinois as part of a previously announced refranchising strategy.

Shree Krishna Food LLC has agreed to take over the 26 corporate units in the Peoria and Quincy, Ill., markets. The franchisee also plans to open six new Hardee's locations in the same areas over the next six years.

Earlier this year, CKE announced plans to sell more than 200 units

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