factual

For a Checkers franchise, what is the range for the estimated expenditure on Restaurant Equipment & Technology?

Checkers Franchise · 2025 FDD

Answer from 2025 FDD Document

ased operations.

1. MODULAR DESIGN DRIVE-THRU RESTAURANT

Type of expenditure Amount Method of payment When Due To whom payment is to be made
Initial Franchise Fee (See Note 1) $20,000 - $30,000 Lump sum At time of signing the Franchise Agreement. Us
Initial Advertising Deposit $15,000 Lump sum When you begin construction at the Premises NPF Inc.
Asset Transfer Fee $0 - $10,000 Lump Sum At time of signing the Franchise Agreement Us
Restaurant Building Costs (See Note 2) $354,653- $1,292,640 Dependent upon bank financing As agreed Suppliers, Lending Institutions
Restaurant Equipment & Technology (See Note 2) $42,153 - $329,538 As incurred On ordering Suppliers
Soft Costs (see Note 3) $17,200 - $225,625 Dependent upon bank financing Dependent upon bank financing Contractors, Suppliers, Lending Institutions
Signage including $11,914 - As On ordering Suppliers
Menuboards $97,690 incurred
Inventory (See Note $4,000 - $12,000 As When delivered Suppliers
4) incurred
Additional Funds - 3 Months (See Note 5) $50,000 - $120,000 As incurred As incurred Employees, suppliers, utilities, etc.
Type of expenditure Amount Method of payment When Due To whom payment is to be made
TOTAL ESTIMATED INITIAL INVESTMENT (exclusive of real estate and related costs (see Note 2 and 6)) $514,920 - $2,132,493

2. CONVERSION RESTAURANT

Type of expenditure Amount Method of payment When Due To whom payment is to be made
Initial Franchise Fee (See Note 1) $20,000 - $30,000 Lump sum At time of signing the Franchise Agreement Us
Initial Advertising Deposit $15,000 Lump sum When you begin construction at the Premises National Production Fund
Asset Transfer Fee $0 - $10,000 Lump Sum At time of signing the Franchise Agreement Us
Restaurant Building (See Note 2) $322,062- $739,445 Dependent upon bank financing As agreed Contractors, Suppliers, Lending Institutions
Restaurant Equipment & Technology $193,260- $329,538 As incurred On ordering Suppliers
Soft Costs (See Note 3) $50,000- $89,710 Dependent upon bank financing Dependent upon bank financing Contractors, Suppliers, Lending Institutions
Signage including $29,050- As incurred On ordering Us or Other
Menuboards $134,081 Supplier
Inventory (See Note $4,000 - As incurred When delivered Suppliers
4) $12,000
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.
TOTAL ESTIMATED INITIAL INVESTMENT (exclusive of real estate and related costs (see Note 2 and 6)) $683,372 - $1,479,774

3. SITE BUILT RESTAURANT

Type of expenditure Amount Method of payment When Due To whom payment is to be made
Initial Franchise Fee (See Note 1) $20,000 - $30,000 Lump sum At time of signing the Franchise Agreement Us
Initial Advertising Deposit $15,000 Lump sum When you begin construction at the Premises National Production Fund
Asset Transfer Fee $0 - $10,000 Lump Sum At time of signing the Franchise Agreement Us
Restaurant Building (See Note 2) $785,150- $1,112,973 Dependent upon bank financing As agreed Contractors, Suppliers, Lending Institutions
Restaurant Equipment & Technology $122,976- $329,538 As incurred On ordering Suppliers
Soft Costs (See Note 3) $28,500- $150,000 Dependent upon bank financing Dependent upon bank financing Contractors, Suppliers, Lending Institutions
Signage including $39,031- As incurred On ordering Us or Other
Menuboards $97,690 Supplier
Type of expenditure Amount Method of payment When Due To whom payment is to be made
Inventory (See Note $4,000 - As incurred When delivered Suppliers
4) $12,000
Additional Funds - 3 Months (See Note 5) $50,000 - $120,000 As incurred As incurred Employees, suppliers, utilities, etc.
TOTAL ESTIMATED INITIAL INVESTMENT (exclusive of real estate and related costs (see Note 2 and 6)) $1,064,657 - $1,877,201

4. ENDCAP RESTAURANT

Type of expenditure Amount Method of payment When Due To whom payment is to be made
Initial Franchise Fee (See Note 1) $20,000 - $30,000 Lump sum At time of signing the Franchise Agreement. Us
Initial Advertising Deposit $15,000 Lump sum When you begin construction at the Premises National Production Fund
Asset Transfer Fee $0 - $10,000 Lump Sum At time of signing the Franchise Agreement Us
Restaurant Building Costs (See Note 2) $85,000 - $700,000 Dependent upon bank financing Dependent upon bank financing Contractors, Suppliers, Lending Institutions
Restaurant Equipment & Technology (See Note 2) $199,763 - $329,538 As incurred On ordering Suppliers
Soft Costs (See Note 3) $0 - $42,250 Dependent upon bank financing Dependent upon bank financing Contractors, Suppliers, Lending Institutions
Type of expenditure Amount Method of payment When Due To whom payment is to be made
Signage including $9,607 - As incurred On ordering Us or Other
Menuboards $61,750 Supplier
Inventory (See Note $4,000 - As incurred When delivered Suppliers
4) $12,000
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, the estimated initial investment for Restaurant Equipment & Technology varies depending on the restaurant format. The investment ranges from $25,000 to $352,000. These costs are typically incurred when ordering from suppliers. Restaurant Equipment & Technology includes items such as a POS system, drive-thru timers (if applicable), and associated hardware.

Specifically, for a modular design drive-thru restaurant, the estimated cost for Restaurant Equipment & Technology is between $199,763 and $329,538. For a conversion restaurant, the estimated cost is between $193,260 and $329,538. For a site-built restaurant, the estimated cost is between $122,976 and $329,538. For an endcap restaurant, the estimated cost is between $75,500 and $352,000. For an in-line restaurant in a high-density market, or a gas/convenience, non-traditional, or Walmart restaurant, the estimated cost is between $42,153 and $329,538.

It is important to note that these figures are estimates, and the actual cost may vary depending on the franchisee's specific circumstances. Factors such as the restaurant's location, size, and the specific equipment and technology chosen can all impact the final cost. Prospective franchisees should carefully consider these factors and consult with Checkers and suppliers to obtain a more accurate estimate for their specific situation.

Prospective franchisees should also be aware that these costs are in addition to other initial investment expenses, such as the initial franchise fee, restaurant building costs, soft costs, signage, and inventory. It is crucial to have a comprehensive understanding of all the costs involved before making a decision to invest in a Checkers franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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