What is the transfer fee for a Checkers Development Agreement, and when is it due?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
nchise Agreements as well as the following table of fees.
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS (See Note 1) |
|---|---|---|---|
| Transfer Fee | $20,000 | Upon tran |
Source: Item 6 — OTHER FEES (FDD pages 21–30)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the transfer fee for a Development Agreement is $20,000. This fee is due upon transferring the Development Agreement.
This means that if a Checkers franchisee with a Development Agreement decides to sell or transfer their agreement to another party, they will need to pay Checkers $20,000 at the time of the transfer. This fee likely covers Checkers' administrative costs and review of the proposed transferee to ensure they meet the brand's standards.
It's important for prospective Checkers franchisees to factor this potential cost into their long-term financial planning. If they anticipate selling their Development Agreement in the future, they should be aware of this fee and its impact on their potential return on investment.