What is the Checkers transfer fee for a single restaurant if the transferee is an existing franchisee?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
l prior to distribution. |
| COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 |
|---|---|---|---|
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS (See Note 1) |
| Transfer Fee | Transfer of a Single Restaurant: $20,000 (or $10,000, if the transferee is an existing franchisee) Transfer of Multiple Restaur |
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 single restaurant is $10,000 if the transferee is an existing franchisee. This is a reduced fee compared to the standard transfer fee, which is $20,000 for a single restaurant transfer to someone who is not already a Checkers franchisee.
This reduced fee incentivizes existing franchisees to expand their operations by acquiring additional Checkers locations. It lowers the financial barrier for current franchisees looking to grow within the Checkers system.
For a prospective franchisee, this information is relevant if they plan to start with one location and potentially acquire more later. Knowing the reduced transfer fee for existing franchisees can factor into their long-term growth strategy with Checkers. It's a financial benefit to consider when evaluating the potential for multi-unit ownership.