How many franchised Checkers outlets were operating at the end of 2023?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termina- tions | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Opera- tions Other Reasons | Col. 9 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| District of | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Columbia | ||||||||
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2022 | 413 | 25 | 0 | 0 | 0 | 25 | 413 |
| 2023 | 413 | 19 | 0 | 0 | 0 | 53* | 379 | |
| 2024 | 379 | 18 | 0 | 0 | 0 | 35 | 362 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–91)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, there were 379 franchised Checkers outlets operating at the end of 2023. This is based on the table that summarizes the status of franchised outlets for the years 2022 to 2024. The table shows the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is useful in understanding the overall health and stability of the Checkers franchise system. A decrease in the number of franchised outlets, as seen from 413 at the start of 2023 to 379 at the end of 2023, could indicate potential challenges within the franchise system, such as closures or terminations. It's important to investigate the reasons behind such changes to assess the risks and opportunities associated with investing in a Checkers franchise.
It is important to note that the numbers provided reflect the status of franchised outlets and do not include company-owned outlets. The FDD also includes tables with state-by-state breakdowns of outlet activity, which can provide a more granular view of the franchise's performance in specific geographic areas. Reviewing these tables can help potential franchisees identify markets with stronger or weaker performance.
Overall, the data suggests a contraction in the number of franchised Checkers outlets during 2023. A prospective franchisee should carefully evaluate the reasons for this decline and consider its potential impact on their investment. Further investigation and due diligence, including speaking with current and former franchisees, are essential steps in making an informed decision.