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What was the net value of Checkers' finite-lived intangible assets as of January 2, 2023?

Checkers Franchise · 2025 FDD

Answer from 2025 FDD Document

ending A Amount
2024 $ 3,166
2025 3,166
2026 3,166
2027 3,227
2028 3,166
Thereafter - 14,146
Total $ 30,037

Intangible assets consisted of the following as of January 1, 2024 (Successor) and January 2, 2023 (Predecessor):

| | ary 1, 2024 uccessor)

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)

What This Means (2025 FDD)

According to Checkers' 2025 Franchise Disclosure Document, the net value of finite-lived intangible assets as of January 2, 2023, for the Predecessor was $26,335.

This figure represents the value of intangible assets that Checkers owns, such as patents, copyrights, or trademarks, that have a limited useful life. The "net" value means that any accumulated amortization (the process of expensing the cost of an intangible asset over its useful life) has already been subtracted from the original cost.

For a prospective Checkers franchisee, this information provides a snapshot of the company's asset valuation at that specific point in time. While it may not directly impact day-to-day operations, it offers insight into the financial health and accounting practices of the franchisor. Understanding how Checkers values and manages its intangible assets can be useful for assessing the overall stability and long-term prospects of the 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.