What was the total value of Checkers' intangible assets, net, as of January 1, 2024?
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 total value of intangible assets, net, was $198,849 as of January 1, 2024. Intangible assets are non-physical assets that can include things like trademarks, patents, and goodwill.
For a prospective Checkers franchisee, understanding the value and nature of these intangible assets is important. These assets contribute to the overall brand recognition and market position of Checkers. A strong brand reputation, reflected in the value of intangible assets, can positively impact a franchisee's ability to attract customers and build a successful business.
The FDD also lists the value of intangible assets, net, as of December 30, 2024, which was $198,723. The value of intangible assets decreased by $126 from January 1, 2024 to December 30, 2024. This information, along with other assets and liabilities, provides a snapshot of Checkers's financial health and stability, which is a crucial factor for potential franchisees to consider.