What were the total restaurant sales for Checkers for the year ended December 30, 2024 (in thousands)?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands)
| Successor | Predecessor | |||||||
|---|---|---|---|---|---|---|---|---|
| Year Ended December 30, 2024 | Period from June 17, 2023 through January 1, 2024 | Period from January 3, 2023 through June 16, 2023 | ||||||
| Revenues | ||||||||
| Restaura |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the total restaurant sales for the year ended December 30, 2024, were $255,474,000. This figure represents the revenue generated from all Checkers restaurants, both company-owned and franchised, during that fiscal year. This number does not include franchise and retail royalty revenue or franchise fees and other income.
For a prospective franchisee, this indicates the overall sales performance of the Checkers brand. It can be used to assess the brand's market presence and customer appeal. However, it's important to note that this is a system-wide number and individual restaurant performance may vary significantly based on location, management, and other factors. A franchisee should investigate further to understand the sales potential of a specific location they are considering.
It is also important to note that the FDD includes financial statements that present a 'Successor' period for the fiscal year ended December 30, 2024, and a 'Predecessor' period from January 3, 2023, through June 16, 2023. This is due to a Recapitalization Agreement. The restaurant sales for the period from June 17, 2023, through January 1, 2024, were $141,217,000, and for the period from January 3, 2023, through June 16, 2023, were $130,191,000. These figures provide additional context but should be considered in light of the company's recapitalization.