How many Checkers outlets ceased operations for other reasons in Virginia during 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.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, in 2022, one Checkers outlet in Virginia ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor. This means that of the nine outlets operating at the beginning of 2022, one closed for another reason, resulting in eight outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and potential challenges of operating a Checkers franchise in Virginia. Understanding the reasons behind these closures, if possible, could further inform a franchisee's decision-making process.
Prospective franchisees should inquire with Checkers about the specific reasons for these 'other' closures to assess any potential risks or challenges unique to the Virginia market. This could include factors such as local economic conditions, competition, or specific operational issues at those locations.