How many Checkers franchise transfers occurred in Delaware during 2023?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Delaware | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Florida | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, there was one franchise transfer in Delaware during 2023. The table provided in Item 20 of the FDD outlines the number of franchise transfers by state and year. This information is useful for potential franchisees to understand the stability and turnover of Checkers franchises in specific locations.
Franchise transfers can occur for various reasons, such as a franchisee selling their business to a new owner, or the franchisor reacquiring the franchise. A higher number of transfers might indicate instability or challenges within the franchise system in that area, while a lower number could suggest more established and successful franchises.
For a prospective Checkers franchisee, understanding the transfer history in their desired location is crucial. It would be wise to investigate the reasons behind any transfers with the franchisor to assess the health and potential risks associated with investing in that specific market. This information, combined with other due diligence, can help in making an informed decision about purchasing a Checkers franchise.