Does Checkers require franchisees to acknowledge that the success of the Checkers venture depends on their own abilities and resources?
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 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 a Restaurant 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 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, franchisees must acknowledge that their success is largely dependent on their own capabilities, efforts, and financial resources. This acknowledgment is part of the franchise agreement, which the franchisee confirms they have read and understood.
This requirement means that Checkers wants to ensure franchisees understand that while they provide a proven system, the ultimate success of the restaurant depends on the franchisee's active management and investment. Franchisees cannot rely solely on the brand name or the franchisor's support; they must bring their own skills and resources to the table.
This acknowledgment is a common practice in franchising. It protects Checkers from potential claims that they guaranteed success. It also emphasizes the importance of the franchisee's role in the business. Prospective franchisees should carefully consider their own abilities and resources before investing in a Checkers franchise, as their personal involvement will be a significant factor in determining their restaurant's performance.