How many Checkers outlets in Tennessee 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. 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' 2025 Franchise Disclosure Document, six Checkers outlets in Tennessee were sold to franchisees in 2022. The FDD provides a system-wide outlet summary for the years 2022 to 2024, detailing the number of outlets at the start of the year, outlets opened, reacquired from franchisees, closed, and sold to franchisees, as well as the number of outlets at the end of the year.
For a prospective franchisee, this information is crucial in understanding the dynamics of the Checkers franchise network in Tennessee. The sale of six outlets to franchisees in 2022 indicates potential opportunities for acquiring existing locations rather than solely focusing on opening new ones. This can be a faster route to establishing a business, as existing outlets already have established operations and customer bases.
However, it's important to note that the number of outlets sold to franchisees can fluctuate from year to year. The FDD data shows that in 2023 and 2024, no outlets were sold to franchisees in Tennessee. This variability highlights the importance of conducting thorough due diligence and understanding the specific market conditions and opportunities in Tennessee before making a franchise investment decision. Prospective franchisees should inquire about the reasons behind these sales and closures to assess the stability and growth potential of the Checkers brand in the region.
Overall, the information presented in the FDD provides valuable insights into the historical performance and trends of Checkers outlets in Tennessee, enabling potential franchisees to make informed decisions about their investment.