In the Checkers franchise agreement, what legal entity is referred to as "Franchisor", "we", "our", or "us"?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Franchise Agreement ("Agreement") is made and entered into by and |
|---|
| between CHECKERS DRIVE-IN RESTAURANTS, INC. ("Franchisor", "we" or |
| "us"), a Delaware corporation, with its principal place of business located at 4300 |
| West Cypress Street, Suite 600, Tampa, Florida 33607, and |
| ("Franchisee" or "you"), a(n) |
| , with its principal place of business located at |
| as of the date signed by us and set forth opposite our signature on this Agreement |
| (the "Effective Date"). |
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the legal entity referred to as "Franchisor", "we", or "us" in the franchise agreement is Checkers Drive-In Restaurants, Inc., a Delaware corporation. Their principal place of business is located at 4300 West Cypress Street, Suite 600, Tampa, Florida 33607. This is a crucial detail for prospective franchisees as it clearly identifies the specific company they are entering into a legal agreement with.
Knowing the franchisor's exact legal name, business structure (Delaware corporation), and principal address is essential for several reasons. It allows franchisees to conduct thorough due diligence on the company, including checking its legal and financial standing. This information is also necessary for accurately completing legal documents and ensuring proper communication with the franchisor.
The identification of Checkers as a Delaware corporation also has legal implications. Delaware corporations are subject to Delaware's corporate laws, which may differ from those of other states. Franchisees may want to familiarize themselves with these laws or seek legal counsel to understand their rights and obligations under the franchise agreement.
In essence, this clause in the Checkers franchise agreement provides clarity and transparency regarding the franchisor's identity, which is a fundamental aspect of any franchise relationship. Prospective franchisees should verify this information independently and consult with legal and financial advisors to fully understand the implications of contracting with a Delaware corporation.