factual

To whom is the initial advertising deposit paid for a Checkers gas/convenience, non-traditional, or Walmart restaurant?

Checkers Franchise · 2025 FDD

Answer from 2025 FDD Document

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

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 for a gas/convenience, non-traditional, or Walmart restaurant is paid to the National Production Fund. This deposit amounts to $15,000 and is due when construction begins at the premises.

This initial advertising deposit is a one-time, lump sum payment that franchisees must make. It is specifically earmarked for the National Production Fund, suggesting that these funds are used for creating national-level advertising campaigns and marketing materials that benefit all franchisees within the Checkers system. This type of advertising fund is common in franchising, as it allows for coordinated and impactful marketing efforts that individual franchisees might struggle to achieve on their own.

Prospective Checkers franchisees should understand that this $15,000 deposit is in addition to other initial investment costs, such as the initial franchise fee, asset transfer fee, and expenses related to restaurant building, equipment, and inventory. It's crucial to factor this advertising deposit into the overall financial planning for opening a Checkers franchise. Franchisees should also inquire about how the National Production Fund is managed and how it benefits their specific location and market.

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.