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How many Checkers outlets in Maryland were reacquired by the franchisor in 2023?

Checkers Franchise · 2025 FDD

Answer 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 were no Checkers restaurants in Maryland reacquired by the franchisor during 2023. The table provided in Item 20 of the FDD details outlet information by state and year, including the number of outlets reacquired by Checkers.

Specifically, for Maryland in 2023, the number of outlets at the start of the year was 33, with 1 outlet opened, and the number of outlets at the end of the year was 34. The column for 'Reacquired by Franchisor' shows a '0', indicating that no locations were reacquired during that year.

This information is valuable for prospective franchisees as it provides insight into the stability and changes within the Checkers franchise system in specific states. A high number of reacquired stores could indicate potential issues with franchisee performance or market conditions, while a consistent '0' suggests stability in the franchise network.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.