Does Checkers offer any guarantees or assurances as to the revenues, profits, or success of the business venture?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
- 1.02 Your Acknowledgments. You have read this Agreement and our Franchise Disclosure Document. You understand the terms of this Agreement and accept them as being reasonably necessary to maintain the uniformity of our high quality standards at all Restaurants in order to protect and preserve the goodwill of the Marks and the integrity of the System. You have conducted an independent investigation of the business contemplated by this Agreement and recognize that the restaurant industry is highly competitive, with constantly changing market conditions. You recognize that the nature of Restaurants may change over time, that an investment in Restaurants involves business risks and that the success of the venture is largely dependent on your own business abilities, efforts and financial resources. You have not received or relied on: (a) any guaranty or assurance, express or implied, as to the revenues, profits or success of the business venture contemplated by this Agreement; or (b) any promises that any parent company or Affiliate will back us up financially or otherwise guarantee our performance.
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to the 2025 Checkers Franchise Disclosure Document, Checkers does not provide any guarantees or assurances regarding the revenues, profits, or success of the franchise. The agreement explicitly states that prospective franchisees acknowledge they have not relied on any such guarantees or assurances, whether express or implied.
This disclaimer is a standard practice in the franchise industry. Checkers emphasizes that the restaurant industry is highly competitive and subject to constantly changing market conditions. The success of a Checkers franchise is largely dependent on the franchisee's own business abilities, efforts, and financial resources.
Prospective franchisees should conduct their own independent investigation of the business opportunity and understand the risks involved. This includes analyzing market conditions, assessing their own capabilities, and securing adequate financial resources. The FDD serves as a disclosure document, providing information to help franchisees make informed decisions, but it does not offer any guarantees of financial success.