What was the lowest reported net sales for a Checkers Restaurant during the 2024 fiscal year?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Category of Restaurant | Average Net Sales 2024 Fiscal Year | Number of Restaurants | % Attaining or Exceeding Average | Median Net Sales 2024 Fiscal Year | Low and High Net Sales |
|---|---|---|---|---|---|
| Checkers Restaurants | $588,393 | 66 | 20 or 30% | $388,763 | $1,374 - $3,737,695 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 72–78)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, the lowest net sales reported for a Checkers Restaurant during the 2024 fiscal year was $1,374. This data is based on the performance of 66 Checkers Restaurants. It is important to note that this figure represents the lowest net sales among the restaurants included in the financial performance representation. These figures come from restaurants open and operating for at least 350 days during the 52-week period ending December 30, 2024.
This information is crucial for potential franchisees as it provides a range of possible financial outcomes. While the average net sales for Checkers Restaurants was $588,393, the fact that one restaurant reported net sales as low as $1,374 highlights the potential risks and variability in performance. Factors such as location, management, competition, and local economic conditions can significantly impact a restaurant's sales. The FDD also notes that the net sales figures for franchised Checkers Restaurants were derived from unaudited financial reports submitted by franchisees for the purpose of computing royalties.
Prospective franchisees should carefully consider these figures and conduct thorough due diligence before investing in a Checkers franchise. This includes analyzing the factors that may have contributed to the low net sales reported by some restaurants and evaluating the potential for success in their specific market. It is also important to remember the disclaimer that "Some outlets have earned this amount. Your individual results may differ. There is no assurance that you'll earn as much."
In addition to the lowest net sales, the FDD also provides information on average and median net sales, as well as the percentage of restaurants attaining or exceeding the average. This data can provide a more comprehensive understanding of the financial performance of Checkers Restaurants and help potential franchisees make informed decisions.