How many Checkers outlets were closed in 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' 2025 Franchise Disclosure Document, a total of 11 company-owned Checkers restaurants were closed during the 2023 fiscal year. The FDD specifies that the 2023 fiscal year ended on January 1, 2024.
Looking at the broader picture, the total number of Checkers outlets, including both franchised and company-owned locations, experienced a net decrease of 14 in 2023, with 296 outlets at the start of the year and 282 by year's end. This indicates that while some company-owned stores closed, the overall system contracted slightly during that period.
Prospective franchisees should pay close attention to these closure rates as they can be indicators of brand health and operational challenges. While not all closures are necessarily negative (some may be strategic), a high number of closures could signal underlying issues with profitability, location selection, or franchisor support. It would be prudent for potential franchisees to discuss these closure trends with Checkers and current franchisees to understand the reasons behind them and assess the potential impact on their investment.