For a Site Built Checkers Restaurant, what is the range for the estimated expenditure on Restaurant Equipment & Technology?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of expenditure | Amount | Method of payment | When Due | To whom payment is to be made |
|---|---|---|---|---|
| Initial Franchise Fee (See Note 1) | $20,000 - $30,000 | Lump sum | At time of signing the Franchise Agreement | Us |
| Initial Advertising Deposit | $15,000 | Lump sum | When you begin construction at the Premises | National Production Fund |
| Asset Transfer Fee | $0 - $10,000 | Lump Sum | At time of signing the Franchise Agreement | Us |
| Restaurant Building (See Note 2) | $785,150- $1,112,973 | Dependent upon bank financing | As agreed | Contractors, Suppliers, Lending Institutions |
| Restaurant Equipment & Technology | $122,976- $329,538 | As incurred | On ordering | Suppliers |
| Soft Costs (See Note 3) | $28,500- $150,000 | Dependent upon bank financing | Dependent upon bank financing | Contractors, Suppliers, Lending Institutions |
| Signage including | $39,031- | As incurred | On ordering | Us or Other |
| Menuboards | $97,690 | Supplier |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–39)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the estimated cost for Restaurant Equipment & Technology for a Site Built Restaurant ranges from $122,976 to $329,538. This investment covers the expenses for equipment and technology, including a POS system, drive-thru timers (if applicable), and associated hardware.
Prospective franchisees should note that this is just an estimate, and the actual costs may vary. Factors influencing the final amount include the franchisee's management skills, local economic conditions, and the prevailing wage rate. It is crucial to carefully consider these variables and conduct thorough research to prepare an accurate budget.
This expenditure is due upon ordering and is payable to the suppliers. It is important for potential Checkers franchisees to understand the full scope of these costs and how they fit into the overall initial investment, which excludes real estate and related expenses. Understanding these costs is vital for planning and securing necessary financing.