What were the restaurant sales for Checkers for the period January 1, 2023 through January 1, 2024?

According to Checkers' 2025 Franchise Disclosure Document, restaurant sales are broken down into two periods due to a recapitalization agreement. The first period, referred to as the 'Predecessor' period, runs from January 3, 2023, through June 16, 2023, with restaurant sales of $130,191. The second period, labeled 'Successor', spans June 17, 2023, through January 1, 2024, and shows restaurant sales of $141,217. These figures are presented in thousands of dollars. Therefore, to calculate the total restaurant sales for Checkers from January 1, 2023, through January 1, 2024, you would combine these two amounts.

Combining the restaurant sales from both periods provides a total of $271,408 (in thousands). This represents the gross sales generated by Checkers restaurants during the specified timeframe. It's important to note that this figure includes sales from both company-operated and franchised locations, as the financial statements are consolidated. Prospective franchisees should understand that their individual restaurant's sales may vary significantly from this average, depending on factors such as location, market conditions, and operational efficiency.

It is also important to note that these figures represent gross sales and do not reflect the profitability of the restaurants. Profitability would be impacted by various costs and expenses, such as food and paper costs, labor costs, occupancy costs, and other operating expenses, as detailed elsewhere in Checkers' financial statements. Franchisees should carefully review the entire financial section of the FDD and consider consulting with a financial advisor to fully understand the potential financial performance of a Checkers franchise.