What is the estimated useful life range for buildings owned by Checkers?

According to Checkers' 2025 Franchise Disclosure Document, the estimated useful life for buildings is between 5 to 30 years. This information is relevant to the company's financial statements and reflects the period over which Checkers expects to derive economic benefit from its buildings. This estimate is used for depreciation purposes, which affects the company's reported profits and asset values.

For a prospective franchisee, understanding the useful life of assets like buildings can be important for assessing the financial health and stability of Checkers. While franchisees typically do not own the buildings themselves, this information provides insight into how the company manages its assets and plans for long-term investments. It also gives an idea of the potential lifespan of Checkers' corporate-owned locations, which can indirectly influence the brand's image and market presence.

It's worth noting that these estimates are based on accounting principles and management's judgment, and can be subject to change. Factors such as technological advancements, market conditions, and actual usage can affect the actual useful life of the buildings. Therefore, while the 5-30 year range provides a general guideline, it's not a guarantee of how long these assets will remain in service. Franchisees may want to inquire about Checkers' historical practices regarding asset management and replacement to gain a more comprehensive understanding.