Does Checkers consider knowledge of operating results and financial performance of Restaurants (other than my Franchised Restaurant) to be trade secrets and proprietary information?

According to Checkers' 2025 Franchise Disclosure Document, Checkers considers certain information relating to the development and operations of Restaurants to be trade secrets and proprietary information. This includes knowledge of operating results and financial performance of Restaurants, excluding the franchisee's own Franchised Restaurant.

This designation as trade secrets and proprietary information means that Checkers franchisees are obligated to protect this information and keep it confidential. Franchisees cannot disclose this information to unauthorized parties, including competitors. This restriction aims to protect Checkers' competitive advantage and maintain the integrity of its business operations.

For a prospective Checkers franchisee, this implies that they will have access to sensitive information about the performance of other Checkers locations, but they must handle this data with care and maintain its confidentiality. Failure to do so could result in legal repercussions or damage to the franchise agreement. This is a fairly standard practice in franchising, as franchisors typically want to protect their business methods and performance data.