What was the total number of Checkers franchise transfers across all states in 2022?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2023 | 0 | |
| 2024 | 0 | |
| Total | 2022 | 36 |
| 2023 | 6 | |
| 2024 | 9 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the total number of franchise transfers across all states in 2022 was 36, according to one table. However, another table indicates a total of 1 transfer. Yet another table shows 1 transfer. Finally, another table indicates 36 transfers. These discrepancies may be due to different accounting methods or categorization of transfers within the Checkers system.
Prospective franchisees should be aware of these inconsistencies, as they could reflect on the stability and transferability of Checkers franchises. A high number of transfers might indicate franchisee dissatisfaction or difficulty in operating the business, while a low number could suggest a lack of resale opportunities. Understanding the reasons behind franchise transfers is crucial for making an informed investment decision.
Given the conflicting information, it is essential for potential franchisees to seek clarification from Checkers regarding the discrepancies in the reported transfer numbers. Requesting a detailed breakdown of the transfers, including the reasons for each transfer and the financial performance of the transferred units, would provide a clearer picture. This due diligence will help assess the true health and attractiveness of a Checkers franchise.