How many Checkers outlets were reacquired by the franchisor in 2023?
Checkers Franchise · 2025 FDDAnswer 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.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–91)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, across all states and territories, there were zero outlets reacquired by the franchisor in 2023. This data is reflected in the 'Reacquired by Franchisor' column in the provided tables, which consistently shows '0' for the year 2023 across various states and in the 'Totals' row. This indicates that Checkers did not buy back any franchised locations during that year.
This information is crucial for potential franchisees as it provides insight into the stability of the franchise network. The absence of re acquisitions suggests that franchisees are generally maintaining their businesses, and Checkers is not frequently intervening to take back operations. This can be seen as a positive sign, indicating a healthy relationship between the franchisor and its franchisees.
However, it is also important to consider this data in conjunction with other factors, such as the number of terminations, non-renewals, and ceased operations. While no units were reacquired, 53 Checkers restaurants ceased operations for other reasons in 2023. A high number of closures, even without re acquisitions, could indicate underlying issues within the franchise system that prospective franchisees should investigate further. It is essential to analyze the reasons behind these closures to assess the overall health and sustainability of a Checkers franchise.
Therefore, while the 'Reacquired by Franchisor' data provides a specific piece of information, potential franchisees should conduct a comprehensive review of Item 20, including speaking with current and former franchisees, to gain a complete understanding of the Checkers franchise system's performance and stability.