What is the range for the Asset Transfer Fee payable to Checkers, and when is it due?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
ased operations.
1. MODULAR DESIGN DRIVE-THRU RESTAURANT
| Type of expenditure | Amount | Method of payment | When Due | To whom payment is to be made |
|---|---|---|---|---|
| Initial Franchise Fee (See Note 1) | $20,000 - $30,00 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–39)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the Asset Transfer Fee ranges from $0 to $10,000. This fee is paid as a lump sum. The fee is due at the time of signing the Franchise Agreement. The payment is made to Checkers.
This fee is applicable when a franchisee purchases an existing Checkers restaurant. It is important to note that this fee is in addition to other initial investment costs, such as the initial franchise fee, advertising deposit, and restaurant building costs. The asset transfer fee covers the transfer of the existing restaurant's assets to the new franchisee.
Prospective franchisees should consider this fee as part of their initial investment when planning to acquire an existing Checkers location. Understanding when the fee is due allows for proper financial planning and ensures compliance with the franchise agreement.