What is the estimated range for additional funds needed for the first 3 months of operation for a Checkers franchise?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of expenditure | Amount | Method of payment | When Due | To whom payment is to be made |
|---|---|---|---|---|
| Additional Funds - 3 Months (See Note 5) | $50,000 - $120,000 | As incurred | As incurred | Employees, suppliers, utilities, etc. |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–39)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, franchisees should anticipate needing between $50,000 and $120,000 in additional funds to cover the first three months of operation. These funds are intended to cover expenses that are typically incurred during this initial period.
These additional funds are earmarked for general operating expenses. Examples of these expenses include employee wages, payments to suppliers, utility costs, and other miscellaneous costs that may arise. These expenses are paid to employees, suppliers, utility companies, and others as they are incurred.
Checkers notes that these figures are estimates, and a franchisee's actual costs may vary. Factors influencing these costs include the franchisee's management skills, local economic conditions, market competition, prevailing wage rates, and the sales level achieved during the start-up phase. The estimates do not include debt service.