What was the total value of Checkers' assets as of January 2, 2023?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
ain internal control-related matters that we identified during the audit.
Tampa, Florida April 1, 2025
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
| December 30, January 1, 2024 2024 ASSETS Current assets Cash and cash equivalents $ 15,562 $ 12,557 Accounts and notes receivable, net 7,717 7,399 Inventory 2,428 2,178 Prepaid expenses 5,338 5,308 Other current assets 799 2,867 Total current assets 31,844 30,309 Property and equipment, net 31,679 29,309 Operating lease right-of-use assets 132,807 145,3
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, the company's total assets as of January 1, 2024, were $460,717.
While the document provides financial data as of January 1, 2024, and December 30, 2024, it does not include the total asset value for January 2, 2023. The balance sheet compares the assets, liabilities, and equity for these two dates, offering a year-over-year comparison but omitting the specific date requested.
A prospective franchisee should inquire directly with Checkers's management to obtain the asset value as of January 2, 2023, for a more complete understanding of the company's financial performance over time. Understanding the trend in asset values can provide insights into the company's growth and financial stability.