What were the total revenues for Checkers for the period January 3, 2022 through January 2, 2023?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
2024 and January 2, 2023 | | | | | | Additional paid-in capital | | 97,951 | | 317,859 | | Accumulated deficit | | (2,656) | - | (398,951) | | Total stockholder's equity (deficit) | | 95,295 | | (81,092) | | Total liabilities and stockholder's equity (deficit) | $ | 460,717 | $ | 545,165 |
| For the Periods Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Janu | , 2023 through eary 1, 2024 uccessor) | 202 June | nuary 3, 3 through 2 16, 2023 decessor) | ary 2, 2023 edecessor) | ary 3, 2022 edecessor) | ||||||
| Revenues: | Φ. | 141.015 | -04 44- | ||||||||
| Restaurant sales | $ | 141,217 | $ | 130,191 | $ | 278,54 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the total revenues for the fiscal year ended January 2, 2023 (Predecessor) were $318,375. These revenues include restaurant sales, franchise and retail royalty revenue, and franchise fees and other income. In comparison, the total revenues for the fiscal year ended January 3, 2022 (Predecessor) were $332,024.
It's important to note that these figures represent the consolidated revenues of Checkers Drive-In Restaurants, Inc. and its subsidiaries, not the revenue of an individual franchise location. A prospective franchisee should not expect to generate this level of revenue at a single Checkers location. Instead, this information provides insight into the overall financial health and performance of the Checkers brand as a whole.
Understanding the revenue trends of the parent company can be valuable for potential franchisees. While past performance does not guarantee future results, consistent or growing revenues at the corporate level may indicate a strong brand and effective business model. Conversely, declining revenues could signal potential challenges or areas of concern that a franchisee should investigate further during their due diligence process.