What were the total revenues for Checkers for the period January 1, 2023 through January 1, 2024?
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 | ||||||||
| Restaurant sales | $ | 255,474 | $ | 141,217 | $ | 130,191 | ||
| Fr |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, calculating the total revenues for the period of January 1, 2023, through January 1, 2024, requires combining figures from two distinct periods: January 3, 2023, through June 16, 2023 (Predecessor) and June 17, 2023, through January 1, 2024 (Successor).
For the period of January 3, 2023, through June 16, 2023, Checkers reported total revenues of $149,637. For the subsequent period from June 17, 2023, through January 1, 2024, total revenues amounted to $165,142.
Summing these two figures provides the total revenues for the entire year-long period. Therefore, the combined total revenue for Checkers from January 1, 2023, through January 1, 2024, is $314,779.
Prospective franchisees can use this information to understand Checkers' revenue trends and financial performance during this specific timeframe. Understanding the nuances of 'Successor' and 'Predecessor' periods is crucial for accurate financial analysis.