To receive the Checkers Women Business Owner Incentive, what document must the franchisee sign in addition to the Franchise Agreement?

According to Checkers's 2025 Franchise Disclosure Document, to qualify for the Women Business Owner Incentive, a franchisee must sign the Women Business Owner Incentive Addendum to the Franchise Agreement, in addition to the Franchise Agreement itself. This incentive program offers a reduced initial franchise fee, which is currently $0, representing a 100% reduction from the standard initial franchise fee of $30,000, for the franchisee's first new Franchised Restaurant. To be eligible, a woman must own at least 51% of the franchisee entity.

This addendum ensures that both Checkers and the franchisee are in agreement regarding the terms and conditions of the incentive. By signing this addendum, the franchisee acknowledges their understanding of the requirements and benefits associated with the Women Business Owner Incentive. This is a common practice in franchising, where addenda are used to modify or supplement the standard franchise agreement to accommodate specific situations or incentives.

For prospective women franchisees, this incentive can significantly lower the initial investment required to start a Checkers restaurant. However, it's crucial to carefully review the Women Business Owner Incentive Addendum (Exhibit B-5) to fully understand all the terms and conditions. Franchisees should also confirm that they meet the ownership requirements (at least 51% ownership by a woman) to qualify for the incentive. This type of incentive is designed to encourage diversity within the Checkers franchise system.