How many franchisee-operated Checkers restaurants were acquired from the company during the period ending January 2, 2023?

According to Checkers' 2025 Franchise Disclosure Document, 9 franchisee-operated restaurants were acquired from the company during the period ending January 2, 2023. This information is detailed in the Item 21 financial statements, which outline changes in both company-operated and franchisee-operated restaurants. The table provides a clear view of restaurant acquisitions, sales, and closures over the specified periods.

For a prospective Checkers franchisee, this data point is relevant for understanding the dynamics of restaurant ownership within the franchise system. The acquisition of franchisee-operated restaurants by the company could indicate strategic decisions related to market consolidation or addressing underperforming locations. It's important to note that while 9 restaurants were acquired from franchisees, the table also shows that 3 franchisee-operated restaurants were sold to the company during the same period.

Understanding the reasons behind these acquisitions and sales can provide valuable insights into Checkers' growth strategy and its relationship with franchisees. A potential franchisee might want to inquire about the criteria Checkers uses for acquiring franchisee-operated restaurants and the opportunities for franchisees to potentially sell their locations back to the company. This information can help in assessing the long-term viability and potential exit strategies for a Checkers franchise.

It is also important to consider this data in conjunction with other factors, such as new restaurant openings and closures, to get a comprehensive view of the overall health and stability of the Checkers franchise system. Reviewing these trends over multiple years, as presented in the table, can offer a more nuanced understanding of the brand's performance and its approach to managing its restaurant network.