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What was the net change in the number of company-owned Checkers outlets during 2023?

Checkers Franchise · 2025 FDD

Answer from 2025 FDD Document

, 2023 for fiscal year 2022, January 1, 2024 for fiscal year 2023, and December 30, 2024 for fiscal year 2024.

CHECKERS RESTAURANTS

Table No. 1 System-wide Outlet Summary For years 2022 to 2024

| Outlet Type | Year | Outlets at the Start of

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

What This Means (2025 FDD)

According to Checkers's 2025 Franchise Disclosure Document, the net change in the number of company-owned Checkers outlets during 2023 was a decrease of 11. At the start of 2023, there were 120 company-owned outlets, and by the end of the year, that number had dropped to 109.

This decrease in company-owned stores could signal a strategic shift by Checkers towards a greater reliance on franchised locations. Potential franchisees should investigate the reasons behind this change. It could be due to factors like lower profitability of company-owned stores, a desire to reduce corporate overhead, or an effort to transfer successful locations to franchisees who are more invested in day-to-day operations.

It is important for prospective franchisees to understand Checkers's long-term strategy regarding company-owned versus franchised locations. A decreasing number of company-owned stores does not necessarily indicate a problem, but it does warrant further inquiry to ensure alignment with the franchisee's own investment goals and risk tolerance. Understanding the support and resources Checkers provides to both company-owned and franchised locations is also crucial for making an informed decision.

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.