What was the total value of Checkers' cash and cash equivalents as of December 30, 2024?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
ain internal control-related matters that we identified during the audit.
Tampa, Florida April 1, 202
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, the company's cash and cash equivalents totaled $15,562 as of December 30, 2024. This figure represents the amount of readily available cash Checkers had on hand at that specific point in time.
For a prospective franchisee, understanding Checkers's cash position can provide insights into the company's financial stability and its ability to meet short-term obligations. A healthy cash balance suggests that Checkers is well-positioned to invest in growth initiatives, support its franchisees, and weather potential economic downturns.
It's also useful to compare this figure to the previous year. The FDD shows that Checkers's cash and cash equivalents were $12,557 on January 1, 2024. The increase in cash and cash equivalents from the beginning to the end of the year may indicate positive cash flow generation during the year. Franchisees should consider these trends when evaluating the overall financial health of the Checkers organization.