What was the operating income (loss) for Checkers during the period from June 17, 2023 through January 1, 2024?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Net income | | - | | - | | 21,260 | | 21,260 | | | | Balances at December 30, 2024 | $ | - | $ | 98,449 | $ | 18,785 | $ | 117,234 | | |
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
| Successor | Predecessor | ||||||
|---|---|---|---|---|---|---|---|
| Year Ended Decem |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the net loss for the period from June 17, 2023, through January 1, 2024, was $(2,570). This figure represents the net financial result of Checkers' operations during that specific timeframe, indicating that the company's expenses exceeded its revenues by $2,570 during this period.
It is important to note that this figure is a net loss, meaning Checkers experienced a financial deficit during this period. Potential franchisees should consider this information in the context of the company's overall financial performance and trends. A single period of net loss does not necessarily indicate long-term financial instability, but it warrants further investigation and understanding of the factors contributing to the loss.
Prospective franchisees should review the complete financial statements and consult with a financial advisor to assess the financial health and stability of Checkers. Understanding the reasons behind the net loss, such as investments in growth, market conditions, or specific one-time expenses, is crucial for making an informed investment decision. Additionally, comparing this performance with previous years and industry benchmarks can provide a more comprehensive view of Checkers' financial standing.