How many Checkers locations in Minnesota were operating at the start of 2022?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
A number of these transactions involved a multi-unit franchise selling more than 1 outlet to the same buyer in the same transaction.
Table No. 3 Status of Franchised Outlets For years 2022 to 2024
| 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.
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 Checkers location operating in Minnesota at the start of 2022. By the end of 2022, that location had ceased operations for other reasons, leaving zero Checkers restaurants in the state. There were no Checkers locations in Minnesota in 2023 or 2024.
This information is crucial for prospective franchisees as it provides insight into the brand's presence and performance in specific geographic areas. The fact that Checkers had a location in Minnesota that closed within the year could indicate market challenges or other factors that potential franchisees should investigate. Understanding the reasons behind such closures can inform a franchisee's decision-making process and business planning.
When evaluating a franchise opportunity, it is essential to consider not only the number of existing locations but also the trends in outlet openings and closures. The data from the FDD helps potential franchisees assess the stability and growth potential of the Checkers brand in different markets, allowing them to make informed investment decisions. Reviewing the performance in states with similar demographics to your target market can provide valuable insights.