How many Checkers outlets in Indiana were sold to franchisees in 2022?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
sup>* This includes 29 restaurants that were previously considered temporarily closed but which are now permanently closed.
Table No. 4 Status of Company-Owned Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired From Franchisee | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–91)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, there were 5 Checkers outlets sold to franchisees in Indiana during 2022. At the start of 2022, there were 23 outlets, and by the end of the year, after selling 5 outlets to franchisees and closing 1, the total number of outlets was 17.
This indicates that Checkers may be actively working to transition company-owned stores to franchisee ownership in certain markets. For a prospective franchisee, this could represent an opportunity to acquire an existing, operating Checkers location rather than building a new one from the ground up. Buying an existing store can sometimes provide immediate cash flow and an established customer base, but it's crucial to evaluate the store's performance and condition carefully.
It's important to note that while 5 units were sold to franchisees, one unit also closed during this period. This highlights the inherent risks in the restaurant business, where factors like location, competition, and management can significantly impact a store's success. A prospective Checkers franchisee should conduct thorough due diligence, including a review of the store's financials, market analysis, and assessment of any potential challenges or opportunities in the specific location.
Overall, the sale of 5 Checkers units to franchisees in Indiana during 2022 suggests a potential growth strategy for the brand in that state. However, prospective franchisees should carefully evaluate the specific circumstances of any available locations and understand the risks and rewards associated with acquiring an existing Checkers restaurant.