When is the initial advertising deposit of $15,000 due for a Checkers Endcap Restaurant franchise, and to whom is it paid?
Checkers Franchise · 2025 FDDAnswer 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 sign |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–39)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the initial advertising deposit of $15,000 is due when construction begins at the premises for a Checkers restaurant. This deposit is paid as a lump sum to the National Production Fund.
This initial advertising deposit is part of the estimated initial investment required to open a Checkers franchise. It is important for prospective franchisees to factor this cost into their budget when considering opening a Checkers Endcap Restaurant franchise. The funds are specifically earmarked for national advertising efforts, which aim to promote the Checkers brand and attract customers to all franchise locations.
Understanding when this payment is due allows franchisees to plan their finances accordingly, ensuring they have the necessary funds available at the appropriate time during the construction phase. It's also crucial to note that this deposit, like most initial investments, is generally non-refundable, so franchisees should be certain of their commitment before beginning construction.