As of December 30, 2024, approximately how many franchise-owned Checkers locations were there?

According to Checkers' 2025 Franchise Disclosure Document, as of December 30, 2024, there were approximately 530 franchise-owned locations. This number reflects the count of Checkers and Rally's restaurants operating under a franchise agreement at that specific point in time. The FDD also notes that on January 1, 2024, there were approximately 550 franchise-owned locations.

This information is relevant for prospective franchisees as it provides a snapshot of the franchise system's composition, specifically the balance between corporate-owned and franchise-owned units. A higher number of franchise-owned locations can indicate a mature and well-established franchise system, suggesting that franchisees find the business model viable. However, it is important to note that this number represents a specific date and can fluctuate due to new openings, closures, and transfers of ownership.

For a prospective Checkers franchisee, understanding the number of franchise-owned locations helps gauge the overall health and growth trajectory of the franchise system. It is advisable to further investigate the trends in franchise unit growth, including the number of new franchises awarded, terminations, and transfers, to gain a more comprehensive understanding of the franchise's stability and appeal. This information can typically be found in Item 20 of the FDD.