How many franchised Checkers outlets were operating at the start of 2023?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 166 | 176 | +10 |
| 2023 | 176 | 173 | —3 | |
| 2024 | 173 | 170 | -3 | |
| Company-Owned | 2022 | 129 | 120 | -9 |
| 2023 | 120 | 109 | -11 | |
| 2024 | 109 | 107 | -2 | |
| Total Outlets | 2022 | 295 | 296 | +1 |
| 2023 | 296 | 282 | -14 | |
| 2024 | 282 | 277 | -5 |
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 176 franchised Checkers outlets operating at the start of 2023, according to Table No. 1 System-wide Outlet Summary. This number reflects the outlets open as of January 1, 2024, which Checkers defines as the end of fiscal year 2023. At the end of 2023, the number of franchised outlets decreased to 173, representing a net change of -3 for that year.
This information is crucial for potential franchisees as it provides a snapshot of the franchise system's size and stability. The decrease in franchised outlets during 2023 could indicate challenges within the system, such as closures or terminations. However, it's important to consider this change in the context of the overall system size and the reasons behind the decrease.
Prospective franchisees should investigate further to understand the factors contributing to the net change in outlet numbers. This could involve speaking with current and former franchisees to gather insights into their experiences and the challenges they faced. Additionally, reviewing the reasons for outlet closures or terminations, as detailed in Exhibit G of the FDD, can provide valuable information about the health and sustainability of a Checkers franchise.
It is also important to note that the numbers provided in the table reflect the status of Checkers restaurants only and do not include Rally's restaurants. Franchisees should also be aware that in some instances, current and former franchisees sign provisions restricting their ability to speak openly about their experience with the Checkers or Rally's franchise system.