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How many Checkers outlets were reacquired from franchisees in 2022?

Checkers Franchise · 2025 FDD

Answer from 2025 FDD Document

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
Totals 2022 129 0 0 4 5 120

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–91)

What This Means (2025 FDD)

According to Checkers' 2025 Franchise Disclosure Document, across all states and territories, zero Checkers restaurants were reacquired from franchisees during the 2022 fiscal year. The FDD provides a detailed breakdown of outlet activity by state, including re acquisitions, but the overall number for 2022 was zero.

This information is located in Item 20 of the FDD, which covers outlets and franchisee information. This item includes tables that summarize changes in the number of Checkers restaurants over the past three years, including details on openings, closures, sales to new franchisees, and re acquisitions by Checkers.

For a prospective franchisee, the re acquisition rate can be an important indicator of franchise health and stability. A high number of re acquisitions could suggest that franchisees are struggling or that Checkers is actively taking back underperforming locations. In this case, the fact that no locations were reacquired in 2022 could be seen as a positive sign.

It is important to note that while the overall number of re acquisitions was zero, other changes in outlet numbers did occur, such as closures and sales to franchisees. Reviewing these figures in detail can provide a more complete picture of the dynamics within the Checkers franchise system.

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.