When is the Initial Advertising Deposit due for a new Checkers Restaurant franchise?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Advertising and Promotional Program Deposit*
If your Franchise Agreement is for a new Checkers Restaurant or Rally's Restaurant, you must pay a $15,000 advertising deposit (the "Initial Advertising Deposit") to our affiliate, NPF Inc., who administers the National Production Fund (described in Item 11). The Initial Advertising Deposit is due at the earlier of when you commence construction at the Premises for the Franchised Restaurant or 10 weeks from the anticipated opening date of the Franchised Restaurant. This amount is used to conduct, through the National Production Fund (and if applicable, any local advertising cooperative) an initial advertising and promotional program at the Franchised Restaurant as we deem appropriate. When the initial advertising and promotional program is complete, we will (after deducting for incurred costs and expenses) deposit any remaining amount from the initial advertis
Source: Item 5 — INITIAL FEES (FDD pages 17–21)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, if the Franchise Agreement is for a new Checkers Restaurant, the franchisee must pay a $15,000 advertising deposit, referred to as the "Initial Advertising Deposit", to NPF Inc., Checkers's affiliate.
The Initial Advertising Deposit is due at the earlier of two possible dates. The first is when the franchisee commences construction at the premises for the franchised restaurant. The second is 10 weeks from the anticipated opening date of the franchised restaurant.
Checkers uses this deposit to conduct an initial advertising and promotional program at the franchised restaurant. This program is managed through the National Production Fund, and if applicable, any local advertising cooperative. After the program is complete, Checkers will deposit any remaining amount from the initial advertising deposit to the National Production Fund, after deducting any incurred costs and expenses.