What is the default requirement for each Owner of a Checkers franchise?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
You, and your Owners, if applicable, represent and warrant to us, that: (a) neither you nor any of your Owners has made any untrue statement of any material fact or has omitted to state any material fact in obtaining the rights granted hereunder; (b) neither you nor any of your Owners has any direct or indirect legal or beneficial interest in any business that may be deemed a
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, each Owner of a Checkers franchise must meet certain representational obligations to the company. Specifically, Owners must ensure that all information provided to Checkers is accurate and complete, without any misrepresentation or omission of material facts. This requirement extends to the franchise application process, where Owners' statements are relied upon by Checkers in approving the franchise.
Additionally, Owners must disclose any direct or indirect legal or beneficial interest in any business that could be deemed a Competitive Business, ensuring transparency and preventing potential conflicts of interest. The execution and performance of the Franchise Agreement must not violate any other agreements to which the Owners are bound, maintaining the integrity of the contractual relationship between the franchisee and Checkers.
These representations and warranties serve to protect Checkers' interests by ensuring that franchisees and their Owners are honest, transparent, and free from conflicting interests. Failure to meet these requirements can have significant consequences, potentially leading to the termination of the franchise agreement. Prospective franchisees should carefully review all their existing business interests and obligations to ensure full compliance with these requirements before entering into a franchise agreement with Checkers.