How many Checkers outlets were operating in Florida at the start of 2023?
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. 6 Outlets Closed | Col. 7 Outlets Sold to Franchisee | Col. 8 Outlets at End of the Year | |---|---|---|---|---|---|---|---| | Alabama | 2022 | 7 | 0 | 0 | 0 | 0 | 7 | | | 2023 | 7 | 0 | 0 | 0 | 0 | 7 | | | 2024 | 7 | 0 | 0 | 1 | 0 | 6 | | Florida | 2022 | 104 | 0 | 0 | 1 | 0 | 103 | | | 2023 | 103 | 2 | 0 | 7 | 0 | 98 | | | 2024 | 98 | 0 | 0 | 2 | 0 | 96 | | Georgia | 2022 | 10 | 0 | 0 | 0 | 0 | 10 | | | 2023 | 10 | 0 | 0 | 0 | 0 | 10 | | | 2024 | 10 | 0 | 0 | 0 | 0 | 10 | | Michigan | 2022 | 8 | 0 | 0 | 0 | 0 | 8 |
| 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. 6 Outlets Closed | Col. 7 Outlets Sold to 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 two separate listings for Checkers restaurants operating in Florida. One table indicates that there were 104 Checkers outlets in Florida at the start of 2022, which decreased to 103 at the start of 2023. Another table shows that there were 52 Checkers outlets in Florida at the start of 2022, which decreased to 48 at the start of 2023. It is unclear why there are two separate listings for Checkers restaurants operating in Florida.
It is important to note that the FDD states that all year-end numbers are as of the end of each fiscal year, with January 2, 2023, representing the end of fiscal year 2022, and January 1, 2024, representing the end of fiscal year 2023. This means the 'Outlets at Start of the Year' actually reflect the number of outlets at the end of the previous fiscal year.
A prospective franchisee should seek clarification from Checkers regarding the discrepancy in outlet numbers and the specific territories or types of restaurants each table represents. Understanding the factors that contributed to the closure of outlets in Florida between 2022 and 2023, such as market saturation or operational challenges, is also crucial for making an informed investment decision.