How many new company-operated Checkers restaurants were added in 2023?

According to Checkers' 2025 Franchise Disclosure Document, there were no new company-operated restaurants opened during the period ended January 2, 2023.

The provided table in Item 21 offers a detailed breakdown of the changes in both company-operated and franchisee-operated restaurants. This includes the number of restaurants at the beginning and end of the period, as well as changes due to new openings, acquisitions, sales, and closures. For prospective franchisees, this level of detail can be valuable in understanding the dynamics of the Checkers system.

Specifically, the table shows that the number of company-operated Checkers restaurants at the beginning of the period was 266, and the number at the end of the period was 255. The changes during the period included no new restaurants, 3 acquired from franchisees, (9) sold to franchisees, and (5) closures. This indicates a net decrease in company-operated restaurants during this period.

Reviewing these figures allows potential franchisees to assess the growth strategy of Checkers, the stability of its existing locations, and the overall health of the franchise system. It is important to note that past performance does not guarantee future results, but this information provides a useful context for evaluating the franchise opportunity.