Is the Checkers Franchise Disclosure Document registered in Rhode Island?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
This document is effective and may be used in the following states, where the document is filed, registered or exempt from registration, as of the Effective Date stated below:
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, the document is registered in Rhode Island. The FDD states that Rhode Island has franchise laws that require the Franchise Disclosure Document to be registered or filed with the state, or be exempt from registration. This means that Checkers has taken the necessary steps to comply with Rhode Island's franchise regulations.
For a prospective franchisee, this registration is a positive sign. It indicates that Checkers has met the state's requirements for offering franchises, which often include providing certain disclosures and adhering to specific rules. This can offer some level of assurance that the franchise opportunity has been vetted by the state.
Additionally, the FDD indicates that in Rhode Island, Checkers must provide the Franchise Disclosure Document the earlier of the first personal meeting or 10 business days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale. This provides a potential franchisee time to review the document before committing to the franchise.