What is the earliest year for which the number of Checkers restaurants is provided in the table?

According to Checkers' 2025 Franchise Disclosure Document, the table summarizing the number and mix of Company-operated and franchised restaurants provides data from as early as 2022. This information is crucial for prospective franchisees as it offers a historical perspective on the growth and composition of the Checkers franchise system. By examining the number of company-operated versus franchised restaurants over time, potential franchisees can gain insights into Checkers' strategic emphasis and the overall health of the franchise network.

Understanding the historical data allows franchisees to assess the stability and maturity of the Checkers brand. A consistent increase in the total number of restaurants, whether company-operated or franchised, may indicate a strong and expanding market presence. Conversely, a decline or stagnation in growth could raise concerns about the brand's competitiveness or market saturation. Franchisees should also pay attention to the ratio of company-operated to franchised restaurants, as this can reflect Checkers' commitment to supporting its franchise network and its confidence in the franchise model.

Furthermore, the data from 2022 onwards provides a benchmark for evaluating Checkers' performance in recent years. This is particularly relevant in light of changing market conditions, consumer preferences, and economic factors that may have influenced the restaurant industry. By comparing the historical data with current trends and future projections, prospective franchisees can make more informed decisions about the potential risks and rewards of investing in a Checkers franchise. This information, combined with other due diligence efforts, can contribute to a more comprehensive understanding of the franchise opportunity and its long-term viability.