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What was the average net sales during the first 52-week period of operations for franchised Checkers restaurants that were site-built or conversions?

Checkers Franchise · 2025 FDD

Answer from 2025 FDD Document

Category of Restaurant Average Net Sales During First 52-week Period of Operations Number of Restaurants % Attaining or Exceeding Average Median Net Sales During First 52-week Period of Operations Low and High Net Sales
ALL CHECKERS RESTAURANTS
Company- $1,240,612 2 1 or 50% $1,240,612 $1,204,039 -$1,277,185
owned
Franchised $1,342,443 37 20 or 54% $1,379,618 $396,634 - $1,937,391
SITE BUILT OR CONVERSION RESTAURANT
Company- $1,240,612 2 1 or 50% $1,240,612 $1,204,039 -$1,277,185
owned
Franchised $1,390,989 35 18 or 51% $1,556,510 $591,306 - $1,937,391
ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT
Company- - - - - -
owned
Franchised $492,890 2 1 or 50% $492,890 $396,634 - $589,146

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 72–78)

What This Means (2025 FDD)

According to Checkers's 2025 Franchise Disclosure Document, franchised Checkers restaurants that were site-built or conversions reported average net sales of $1,390,989 during their first 52-week period of operations. This data is based on the performance of 35 franchised locations, with 18 of those locations (51%) attaining or exceeding the average. The median net sales for this category of restaurants was $1,556,510. The range of net sales varied significantly, from a low of $591,306 to a high of $1,937,391.

It's important to note that these figures represent the average performance of specific Checkers restaurants and that individual results may vary. Factors such as location, market conditions, management skills, and local competition can significantly impact a restaurant's financial performance. The FDD also clarifies that the net sales figures for franchised Checkers restaurants are derived from unaudited financial reports submitted by franchisees for the purpose of computing royalties.

A prospective Checkers franchisee should consider these figures as a general indication of potential sales but should also conduct their own due diligence and market research to assess the viability of a specific location. Understanding the factors that contribute to the success of existing Checkers restaurants, as well as the potential challenges, is crucial for making an informed investment decision. Speaking with current franchisees and carefully reviewing the complete FDD can provide additional insights.

While the average net sales figure provides a benchmark, the wide range between the low and high net sales figures highlights the variability in performance. A prospective franchisee should investigate the reasons for this variability and determine how they can maximize their chances of achieving or exceeding the average net sales for a site-built or conversion Checkers restaurant.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.