How many company-owned Checkers restaurants are included in the average net sales calculation for the 2024 fiscal year in Table A?
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 |
|---|---|---|---|---|---|
| ALL CHECKERS RESTAURANTS | |||||
| Company- | $1,133,956 | 121 | 59 or 49% | $1,129,732 | $653,195 - $1,772,594 |
| owned | |||||
| Franchised | $1,100,000 | 335 | 154 or 46% | $1,076,326 | $216,109 - $2,951,270 |
| SITE BUILT OR CONVERSION RESTAURANT | |||||
| Company- | $1,133,956 | 121 | 59 or 49% | $1,129,732 | $653,195 - $1,772,594 |
| owned | |||||
| Franchised | $1,171,040 | 287 | 131 or 46% | $1,133,255 | $298,612 - $2,951,270 |
| ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT | |||||
| Company- | - | - | - | - | - |
| owned | |||||
| Franchised | $570,041 | 27 | 12 or 44% | $570,212 | $216,109 - $1,161,495 |
| NON-TRADITIONAL, WALMART OR IN-LINE RESTAURANT IN HIGH DENSITY MARKET | |||||
| Company- | - | - | - | - | - |
| owned | |||||
| Franchised | $810,503 | 21 | 10 or 48% | $796,429 | $279,523 - $1,379,592 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 72–78)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, Table A includes net sales information for restaurants open and operating for at least 350 days during the 52-week period ending December 30, 2024. For Checkers restaurants, the table includes 121 company-owned restaurants. This data is used to calculate the average net sales for company-owned Checkers restaurants.
This means that the average net sales figure presented for company-owned Checkers restaurants in Table A is based on the performance of these 121 locations. Prospective franchisees can use this information to understand the potential revenue that a Checkers restaurant might generate, based on the performance of existing company-owned locations.
It's important to note that the table excludes data from restaurants open for less than 350 days or those that closed during the fiscal year. This exclusion ensures that the average net sales figures are based on a consistent operating period, providing a more reliable representation of potential performance. The FDD specifies that the net sales figures for franchised Checkers Restaurants were derived from unaudited financial reports submitted by franchisees for the purpose of computing royalties, while the net sales figures for company-owned Checkers Restaurants were compiled on the basis of generally accepted accounting principles, consistently applied.