What is the Existing Franchisee Incentive offered by Checkers?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
--|----|-----|---------|----------|-------------------------------------------------------------------------------------| | | | | | | | | | | RESTAURANTS, INC., a Delaware corporation ("Franchisor," "we," "our," or "us"), and | | | | | | | | | | | ("you" or "your" or "Franchisee"). We and you may each | | | | | be referred to as a "Party," or collectively, the "Parties." | | | | | | |
R E C I T A L S
WHEREAS, Franchisor has implemented an incentive program available to qualified existing franchisees of "Checkers" or "Rally's" restaurants under which the Initial Franchise F
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, Checkers offers an incentive program for its existing franchisees. Under this program, if a qualified existing franchisee opens a new Checkers or Rally's restaurant within one year of signing the Franchise Agreement, the initial franchise fee is reduced by $10,000.
To qualify for this Existing Franchisee Incentive, the franchisee must already operate at least two Checkers or Rally's restaurants under separate franchise agreements with Checkers. This incentive aims to encourage existing franchisees to expand their operations by opening additional locations.
This incentive can significantly lower the initial investment for existing franchisees looking to grow with the Checkers brand. By reducing the initial franchise fee by $10,000, Checkers makes it more financially feasible for experienced franchisees to open new restaurants, provided they can do so within the specified timeframe of one year from signing the franchise agreement.