How many Checkers outlets were terminated in Tennessee during 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. 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 zero terminations of Checkers outlets in Tennessee during 2023. The FDD provides data on outlet terminations, non-renewals, reacquisitions by the franchisor, and other reasons for ceasing operations.
Specifically, the table in Item 20 details the number of outlets that ceased operations for various reasons. For Tennessee in 2023, the 'Terminations' column indicates '0', meaning no franchise agreements were terminated by Checkers in that state during that year. However, one Checkers location in Tennessee ceased operations for other reasons.
Prospective franchisees should pay close attention to these figures as they provide insight into the stability and performance of the franchise system in specific geographic areas. While no terminations occurred in Tennessee, understanding why one location ceased operations for other reasons could be valuable during the due diligence process.